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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’’.

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