Aiming to empower and encourage female business owners from Armenia and Artsakh, AGBU Women Entrepreneurs (AGBU WE) develops the potential of micro-enterprise or small business owners offering an array of tools, resources and practical experiences. The comprehensive program helps entrepreneurs across the region better understand the essence and features of their business and find ways to maximize their success.
The highly competitive AGBU WE, part of the AGBU EmpowerHer initiative, offers women looking to start up or scale up a micro-enterprise or small business with a full cycle of support, including coursework in entrepreneurism and financial management, business marketing, mentorships, courses on local tax legislation, mini-grants and English language coaching. In addition, AGBU WE provides extensive post-program follow up, counseling and alumni engagement, ensuring the creation of a true network of women supporting women.
Launching or scaling up a business in today's world means being ready for the continually changing landscape facing local entrepreneurs in Armenia. AGBU WE offers a 360 degree cycle of support to educate and empower women to develop strong business plans with the agility to pivot as needed and lean in to the network of EmpowerHer alumni and supporters around the world. Unique features of the program include:
The women of Armenia and Artsakh are ready to take the lead in their businesses and communities. Volunteer as an ANI Language Coach through weekly virtual sessions or offer your expertise as a Business Mentor. Your engagement helps ensure their success. Of course, you can also support by giving financially to this donor-driven program and other facets of AGBU EmpowerHer.
Financial Education for Entrepreneurs online course, aiming to promote financial literacy and entrepreneurial skills for micro and small business owners, has been launched in collaboration with German Sparkassenstiftung for International Cooperation, AGBU WE, and with support from Central Bank of Armenia and Financial System Mediator.
AGBU WE embarked on a groundbreaking journey, hosting an intensive training session in Luxembourg for 26 women entrepreneurs from 14 countries. The program equiped them with essential skills and strategies to bring their business visions to life.
Tatevik Manukyan, manager of AGBU's Women Entrepreneurs program, shares insights into how the initiative is transforming the lives of women in Armenia.
Lusine Paronyan from Ijevan is the founder of Vanane handmade and hand-painted bags. Participating in the Program helped her advance her entrepreneurial knowledge, enrich professional network, and make lifelong friends. Watch the success stories of our beneficiaries.
Women's Economic Empowerment in South Causauses project implemented by AGBU WE in partnership with UNDP is successfully completed. Due to the project, 24 women entrepreneurs received mini-grants, and 15 participants took part in a three-month training to advance their job skills.
Each year in December, AGBU's women entrepreneurs participate in the largest Christmas Market Expo, offering important visibility for their diverse businesses. In 2024, 30 beneficiaries from Armenia and Artsakh showcased their products at the Expo.
Due to cooperation with German Sparkassenstiftung Armenia, the beneficiaries of the AGBU WE Program receive training to increase their financial and entrepreneurial literacy and advance marketing skills.
