The Republican Union of Employers of Armenia is launching the recruitment for the first group of the Entrepreneurship Education Development Program for displaced people from Nagorno-Karabakh.

The program is designed to enhance participants’ business skills while offering practical guidance and personalized consultation for launching their own businesses.

Course Topics:

The course covers fundamental business knowledge and practical skills for beginner entrepreneurs, including:

• The essence of business and its economic context
• Procedures for state business registration, step-by-step requirements, and legal regulations
• The concept, structure, and crucial role of a business plan
• Principles and significance of financial planning
• Advantages, disadvantages, strengths, and weaknesses of small and medium enterprises
• Cost calculation, pricing, and breakeven point determination
• Organizational budget planning and financial management
• Armenian tax system (tax legislation and types of taxes)
• Preparation and submission of tax reports, deadlines, and procedures
• Reliable sources of information and practical application
• Financial institutions as sources of capital and forms of collaboration
• Importance of market research, market positioning, and promotion

Course Trainers:

• Soghomon Mirzoyan, RUEA Board Member, President of the “Association of Financiers of Armenia” NGO, financial expert
• Mihran Tadevosyan, RUEA Board Member, financial expert

Course Details:

• Duration: 1 month
• Format: Hybrid (in-person and online - for participants residing in the regions)
• Schedule: 3 sessions per week, 2 hours each
• Start Date: June 17, 18:30
• Address: Yerevan, Vagharshyan 12/1, Akcern Building, 5th floor
• Participants will receive a Certificate of Completion

By the end of the course, you will:

• Gain valuable knowledge on starting and developing your own business in Armenia
• Have a clear business plan and the opportunity to implement your idea
• Master all the necessary steps for business registration
• Learn how to attract financial resources and collaborate with financial institutions
• Join the RUEA business community, gaining valuable connections and new opportunities for collaboration

How to Participate:
Register via the following link: https://forms.gle/cLbx2dNZgp2VTxPM8
Registration deadline: June 10
For additional questions, contact: +374 10 527421, +374 95 527421

The program is implemented with the support of the International Labour Organization (ILO) within the framework of the initiative “Building the Capacity of Constituents to Pre-empt the Informalisation of Work and Promote the Transition to Formality in the Context of a Refugee Crisis.”