Development of Venture Funds in Armenia

The Project aimed to stimulate the inflow of foreign direct investments, to promote the implementation of innovative and risky business programs through the formation of venture funds in Armenia.

In the framework of the Project the Center:

  • elaborated and published the concept paper of “Venture system in Armenia” was elaborated and published,
  • elaborated and submitted to the National Assembly of RA the RA draft law “On venture funds” and a number of draft laws related to tax legislation.

The Project was implemented within the grant of Eurasia Foundation.

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