Our Components

The overall objective of the Recovery, Resilience, Development for Syunik project (R2D Syunik), implemented within the Resilient Syunik Team Europe initiative* in cooperation with local governments and co-financed by the European Union and Austrian Development Agency, is to enhance recovery and resilience of micro, small and medium enterprises (MSMEs) and sustainable small-scale communal infrastructure in Syunik. Within 5 years of implementation and with 11M euro of budget we will focus on the following:

  • Improving business environment for MSMEs and enhancing competitiveness of public sector
  • Strengthening business, managerial, technical and idea generation capacities (including green/circular economy, sustainable and inclusive capacities) of startups, MSMEs and social enterprises.
  • Increasing access to financial services and consultancy to support the above processes.
  • Enhancing availability of non-financial services supporting business development.
  • Improving availability of sustainable green communal infrastructures
  • Supporting development of bankable and sustainable communal infrastructure projects in the communities of the Syunik region
  • Providing financial support to sustainable and green communal infrastructures
  • Intensifying multi-stakeholder coordination for regional development in Syunik
  • Regular, effective multi-stakeholder coordination for better planning to empower

*The Resilient Syunik Team Europe initiative is the joint undertaking of the European Union, the European Investment Bank, EU Member states - Austria, Czechia, Estonia, Finland, France, Germany, Lithuania, the Netherlands, Poland, Sweden, and Switzerland also joining as an external partner. The initiative aims to contribute to the sustainable socioeconomic development of the Syunik region’’.

Our components
  • Component 1 - Improving business environment and enhancing competitiveness of private sector

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  • The aim of Component 2 is to improve the availability of sustainable, green community infrastructures in the Syunik region.

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  • Team Europe is a collection of initiatives, aiming to scale and focus the joint effort of the European Union, its member states, external partners and European financial institutions with the goal of achieving transformational impact.

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