Monday, May 11 2020 20:28
Alina Hovhannisyan

The state will direct 50 million drams on the development of the  business of the unemployed

The state will direct 50 million drams on the development of the  business of the unemployed

ArmInfo. The state will direct 50 million drams on the development of business plans for 50 unemployed citizens - beneficiaries of the small business assistance  program of the State Employment Agency of the Ministry of Labor and  Social Affairs of the Republic of Armenia.

According to the official statement of the department, another 10 million drams were allocated for the services of a consulting company, which, in connection with  the restriction of freedom of movement of citizens, will conduct  seminars in remote mode. It is reported that an agreement was reached  with an outsourcing consulting company, in which 33 people are  currently undergoing training.

According to the source, a course is held with citizens who have  expressed a desire to become a beneficiary of the program, assistance  is provided in the preparation of business plans, the submitted  business plans are evaluated, etc. According to the established  procedure, the State Employment Agency will provide funding only to  those programs that have received a positive assessment from  consulting company.

The program will be implemented within 2 years, in the case of  seasonal work - 24 months.

It is reported that between 2014 and 2019, 340 people started  entrepreneurial activities under this program.  As of January 1,  2020, 90% of them continue to develop their business.