Friday, March 25 2022 15:17
Alina Hovhannisyan

ANIF has invested about $10 million in several business projects in  Armenia

ANIF has invested about $10 million in several business projects in  Armenia

ArmInfo.National interests Fund's (ANIF) subsidiary "Entrepreneur + State Anti-Crisis  Investments Fund" CJSC continues to support Armenian business projects.

Thus, as the Fund's press service reports, Armenian National Interests  Fund (ANIF) subsidiary "Entrepreneur + State Anti-Crisis Investments  Fund"CJSC continues to invest in local companies, contributing to the  development and expansion of Armenian enterprises.

"Entrepreneur + State Anti-Crisis Investments Fund"finances both, new  and existing business programs registered in the Republic of Armenia.

Up to date ЂNIF "Entrepreneur + State Anti-Crisis Investments  Fund"has invested about 10 million USD in several projects, expanding  existing businesses and creating opportunity for more than 200  additional jobs. The fund implements joint programs with a number of  local successful business partners such as "Father and Son  Yeremyans", "Food Republic", "Apaga Projects", "Global Connect" and  invested in the EU-Armenia SME Fund managed by Amber Capital.  We  firmly believe, that one of the most efficient use of public money is  investment in economically viable programs.  ANIF would like to  restate, that the Fund is open for new project offers. Any business  registered in Armenia can apply for equity financing if it meets the  terms of the Fund.See the detailshere. The participation of the Fund  is 25% - 49%, the amount of investment in one program is equivalent  to 0.5-4 million USD.