Mark Horner

The SME Market in Armenia

What is a Small to Medium Enterprise in Armenia?

Small and medium enterprises (SMEs) are businesses that maintain revenues, assets or a number of employees between certain thresholds. Each country has its own definition of what constitutes a small and medium-sized enterprise (SME). Small and medium-sized enterprises in Asia are businesses with no more than 500 employees.

  ๐Ÿ‡ฆ๐Ÿ‡ฒ AMD [581.955 GBP]    Asia/Yerevan
The  SME Market in Armenia
Image: Photo by Gor Davtyan on Unsplash

How big is the SME Market in Armenia?

Small and medium-size enterprises play a hugely important role in the economy of Armenia. They outnumber large firms considerably, employ vast numbers of people and are entrepreneurial in nature, helping to shape innovation and support local communities.

Armenia has a population of over 3,066,998 people.

What help is available for SMEs in Armenia?

Help for small and medium enterprises (SMEs) in Asia includes virtual peer-to-peer advisory boards. With our blended model utilising Zoom and supplemented by in person meetings we are able to support and grow businesses anywhere in the world. Our growing network of Regional Directors ensure that we will have suitable people to help you whatever your language or time zone.

Asia

Help for small and medium enterprises (SMEs) in Asia includes virtual peer-to-peer advisory boards. With our blended model utilising Zoom and supplemented by in person meetings we are able to support and grow businesses anywhere in the world. Our growing network of Regional Directors ensure that we will have suitable people to help you whatever your language or time zone.


Armenia has links with Argentina
๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡ฆ๐Ÿ‡ท Buenos Aires     ๐Ÿ‡ฆ๐Ÿ‡ฒ Gyumri๐Ÿ‡ฆ๐Ÿ‡ท Cรณrdoba    
Armenia has links with Azerbaijan
๐Ÿ‡ฆ๐Ÿ‡ฒ Vagharshapat๐Ÿ‡ฆ๐Ÿ‡ฟ Hadrut     ๐Ÿ‡ฆ๐Ÿ‡ฒ Vagharshapat๐Ÿ‡ฆ๐Ÿ‡ฟ Martakert     ๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡ฆ๐Ÿ‡ฟ Stepanakert    
Armenia has links with Belgium
๐Ÿ‡ฆ๐Ÿ‡ฒ Arabkir๐Ÿ‡ง๐Ÿ‡ช Deurne    
Armenia has links with Bulgaria
๐Ÿ‡ฆ๐Ÿ‡ฒ Gyumri๐Ÿ‡ง๐Ÿ‡ฌ Plovdiv     ๐Ÿ‡ฆ๐Ÿ‡ฒ Vagharshapat๐Ÿ‡ง๐Ÿ‡ฌ Veliko TวŽrnovo    
Armenia has links with Brazil
๐Ÿ‡ฆ๐Ÿ‡ฒ Gyumri๐Ÿ‡ง๐Ÿ‡ท Osasco     ๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡ง๐Ÿ‡ท Rio de Janeiro    
Armenia has links with Belarus
๐Ÿ‡ฆ๐Ÿ‡ฒ Talin๐Ÿ‡ง๐Ÿ‡พ Babruysk     ๐Ÿ‡ฆ๐Ÿ‡ฒ Kapan๐Ÿ‡ง๐Ÿ‡พ Barysaw     ๐Ÿ‡ฆ๐Ÿ‡ฒ Shirak๐Ÿ‡ง๐Ÿ‡พ Lida     ๐Ÿ‡ฆ๐Ÿ‡ฒ Goris๐Ÿ‡ง๐Ÿ‡พ Nesvizh     ๐Ÿ‡ฆ๐Ÿ‡ฒ Goris๐Ÿ‡ฆ๐Ÿ‡ฒ Spitak๐Ÿ‡ง๐Ÿ‡พ Orsha     ๐Ÿ‡ฆ๐Ÿ‡ฒ Alaverdi๐Ÿ‡ง๐Ÿ‡พ Polotsk     ๐Ÿ‡ฆ๐Ÿ‡ฒ Sisian๐Ÿ‡ง๐Ÿ‡พ Slutsk     ๐Ÿ‡ฆ๐Ÿ‡ฒ Vanadzor๐Ÿ‡ง๐Ÿ‡พ Vitebsk     ๐Ÿ‡ฆ๐Ÿ‡ฒ Kajaran๐Ÿ‡ง๐Ÿ‡พ Zhodzina    
Armenia has links with Canada
๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡จ๐Ÿ‡ฆ Montreal    
Armenia has links with China
๐Ÿ‡ฆ๐Ÿ‡ฒ Gyumri๐Ÿ‡จ๐Ÿ‡ณ Xi'an     ๐Ÿ‡ฆ๐Ÿ‡ฒ Vanadzor๐Ÿ‡จ๐Ÿ‡ณ Zhuzhou    
Armenia has links with Germany
๐Ÿ‡ฆ๐Ÿ‡ฒ Gyumri๐Ÿ‡ฉ๐Ÿ‡ช Halle (Saale)    
Armenia has links with Estonia
๐Ÿ‡ฆ๐Ÿ‡ฒ Vanadzor๐Ÿ‡ช๐Ÿ‡ช Maardu    
Armenia has links with England
๐Ÿ‡ฆ๐Ÿ‡ฒ Gyumri๐Ÿด๓ ง๓ ข๓ ฅ๓ ฎ๓ ง๓ ฟ Kirkby-in-Ashfield    
Armenia has links with France
๐Ÿ‡ฆ๐Ÿ‡ฒ Oshakan๐Ÿ‡ซ๐Ÿ‡ท Alfortville     ๐Ÿ‡ฆ๐Ÿ‡ฒ Armavir๐Ÿ‡ซ๐Ÿ‡ท Allauch     ๐Ÿ‡ฆ๐Ÿ‡ฒ Davtashen๐Ÿ‡ซ๐Ÿ‡ท Antony     ๐Ÿ‡ฆ๐Ÿ‡ฒ Vanadzor๐Ÿ‡ซ๐Ÿ‡ท Bagneux     ๐Ÿ‡ฆ๐Ÿ‡ฒ Artashat๐Ÿ‡ซ๐Ÿ‡ท Clamart     ๐Ÿ‡ฆ๐Ÿ‡ฒ Gyumri๐Ÿ‡ซ๐Ÿ‡ท Crรฉteil     ๐Ÿ‡ฆ๐Ÿ‡ฒ Tsaghkadzor๐Ÿ‡ซ๐Ÿ‡ท Font-Romeu-Odeillo-Via     ๐Ÿ‡ฆ๐Ÿ‡ฒ Sevan๐Ÿ‡ซ๐Ÿ‡ท Grenoble     ๐Ÿ‡ฆ๐Ÿ‡ฒ Vagharshapat๐Ÿ‡ซ๐Ÿ‡ท Issy-les-Moulineaux     ๐Ÿ‡ฆ๐Ÿ‡ฒ Arabkir๐Ÿ‡ซ๐Ÿ‡ท Le Plessis-Robinson     ๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡ซ๐Ÿ‡ท Lyon     ๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡ซ๐Ÿ‡ท Marseille     ๐Ÿ‡ฆ๐Ÿ‡ฒ Sisian๐Ÿ‡ซ๐Ÿ‡ท Montรฉlimar     ๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡ซ๐Ÿ‡ท Nice     ๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡ซ๐Ÿ‡ท Paris     ๐Ÿ‡ฆ๐Ÿ‡ฒ Jermuk๐Ÿ‡ซ๐Ÿ‡ท Saint-Raphaรซl     ๐Ÿ‡ฆ๐Ÿ‡ฒ Ijevan๐Ÿ‡ซ๐Ÿ‡ท Valence     ๐Ÿ‡ฆ๐Ÿ‡ฒ Sevan๐Ÿ‡ซ๐Ÿ‡ท Varces-Allieres-et-Risset     ๐Ÿ‡ฆ๐Ÿ‡ฒ Goris๐Ÿ‡ซ๐Ÿ‡ท Vienne     ๐Ÿ‡ฆ๐Ÿ‡ฒ Abovyan๐Ÿ‡ซ๐Ÿ‡ท Villeurbanne    
Armenia has links with Georgia
๐Ÿ‡ฆ๐Ÿ‡ฒ Vanadzor๐Ÿ‡ฌ๐Ÿ‡ช Batumi     ๐Ÿ‡ฆ๐Ÿ‡ฒ Alaverdi๐Ÿ‡ฌ๐Ÿ‡ช Kobuleti     ๐Ÿ‡ฆ๐Ÿ‡ฒ Akhtala๐Ÿ‡ฌ๐Ÿ‡ช Kobuleti     ๐Ÿ‡ฆ๐Ÿ‡ฒ Vagharshapat๐Ÿ‡ฌ๐Ÿ‡ช Mtskheta     ๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡ฌ๐Ÿ‡ช Tbilisi    
Armenia has links with Greece
๐Ÿ‡ฆ๐Ÿ‡ฒ Alaverdi๐Ÿ‡ฌ๐Ÿ‡ท Agios Ioannis Rentis     ๐Ÿ‡ฆ๐Ÿ‡ฒ Martuni๐Ÿ‡ฌ๐Ÿ‡ท Kavala     ๐Ÿ‡ฆ๐Ÿ‡ฒ Sisian๐Ÿ‡ฌ๐Ÿ‡ท Nea Smyrni     ๐Ÿ‡ฆ๐Ÿ‡ฒ Alaverdi๐Ÿ‡ฌ๐Ÿ‡ท Nikaia     ๐Ÿ‡ฆ๐Ÿ‡ฒ Gyumri๐Ÿ‡ฌ๐Ÿ‡ท Thessaloniki    
Armenia has links with Hungary
๐Ÿ‡ฆ๐Ÿ‡ฒ Artashat๐Ÿ‡ญ๐Ÿ‡บ Pestszentlล‘rinc-Pestszentimre    
Armenia has links with Israel
๐Ÿ‡ฆ๐Ÿ‡ฒ Gyumri๐Ÿ‡ฎ๐Ÿ‡ฑ Petah Tikva    
Armenia has links with Iran
๐Ÿ‡ฆ๐Ÿ‡ฒ Dilijan๐Ÿ‡ฎ๐Ÿ‡ท Delijan     ๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡ฎ๐Ÿ‡ท Isfahan     ๐Ÿ‡ฆ๐Ÿ‡ฒ Armavir๐Ÿ‡ฎ๐Ÿ‡ท Kerman    
Armenia has links with Italy
๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡ฎ๐Ÿ‡น Carrara     ๐Ÿ‡ฆ๐Ÿ‡ฒ Gyumri๐Ÿ‡ฎ๐Ÿ‡น Nardรฒ    
Armenia has links with Jordan
๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡ฏ๐Ÿ‡ด Amman    
Armenia has links with Lebanon
๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡ฑ๐Ÿ‡ง Beirut    
Armenia has links with Lithuania
๐Ÿ‡ฆ๐Ÿ‡ฒ Sevan๐Ÿ‡ฑ๐Ÿ‡น Anykลกฤiai    
Armenia has links with Latvia
๐Ÿ‡ฆ๐Ÿ‡ฒ Arabkir๐Ÿ‡ฑ๐Ÿ‡ป Centrs     ๐Ÿ‡ฆ๐Ÿ‡ฒ Alaverdi๐Ÿ‡ฑ๐Ÿ‡ป Daugavpils     ๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡ฑ๐Ÿ‡ป Riga     ๐Ÿ‡ฆ๐Ÿ‡ฒ Arabkir๐Ÿ‡ฑ๐Ÿ‡ป Vecrฤซga    
Armenia has links with Moldova
๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡ฒ๐Ÿ‡ฉ Chiศ™inฤƒu    
Armenia has links with Montenegro
๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡ฒ๐Ÿ‡ช Podgorica    
Armenia has links with Madagascar
๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡ฒ๐Ÿ‡ฌ Antananarivo    
Armenia has links with Netherlands
๐Ÿ‡ฆ๐Ÿ‡ฒ Vagharshapat๐Ÿ‡ณ๐Ÿ‡ฑ Almelo     ๐Ÿ‡ฆ๐Ÿ‡ฒ Spitak๐Ÿ‡ณ๐Ÿ‡ฑ Limmen    
Armenia has links with Poland
๐Ÿ‡ฆ๐Ÿ‡ฒ Gyumri๐Ÿ‡ต๐Ÿ‡ฑ Biaล‚ystok     ๐Ÿ‡ฆ๐Ÿ‡ฒ Sevan๐Ÿ‡ต๐Ÿ‡ฑ Brodnica     ๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡ต๐Ÿ‡ฑ Warsaw     ๐Ÿ‡ฆ๐Ÿ‡ฒ Artik๐Ÿ‡ต๐Ÿ‡ฑ Wodzisล‚aw ลšlฤ…ski    
Armenia has links with Romania
๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡ท๐Ÿ‡ด Bucharest     ๐Ÿ‡ฆ๐Ÿ‡ฒ Alaverdi๐Ÿ‡ท๐Ÿ‡ด Gheorgheni     ๐Ÿ‡ฆ๐Ÿ‡ฒ Alaverdi๐Ÿ‡ท๐Ÿ‡ด Gheorghieni     ๐Ÿ‡ฆ๐Ÿ‡ฒ Gyumri๐Ÿ‡ท๐Ÿ‡ด PiteลŸti     ๐Ÿ‡ฆ๐Ÿ‡ฒ Dilijan๐Ÿ‡ท๐Ÿ‡ด Roman    
Armenia has links with Russia
๐Ÿ‡ฆ๐Ÿ‡ฒ Jermuk๐Ÿ‡ท๐Ÿ‡บ Arkhangelsk     ๐Ÿ‡ฆ๐Ÿ‡ฒ Armavir๐Ÿ‡ท๐Ÿ‡บ Armavir     ๐Ÿ‡ฆ๐Ÿ‡ฒ Vagharshapat๐Ÿ‡ท๐Ÿ‡บ Arzamas     ๐Ÿ‡ฆ๐Ÿ‡ฒ Gyumri๐Ÿ‡ท๐Ÿ‡บ Domodedovo     ๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡ท๐Ÿ‡บ Kaliningrad     ๐Ÿ‡ฆ๐Ÿ‡ฒ Vanadzor๐Ÿ‡ท๐Ÿ‡บ Kislovodsk     ๐Ÿ‡ฆ๐Ÿ‡ฒ Ijevan๐Ÿ‡ท๐Ÿ‡บ Kostroma     ๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡ท๐Ÿ‡บ Krasnodar     ๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡ท๐Ÿ‡บ Moscow     ๐Ÿ‡ฆ๐Ÿ‡ฒ Gyumri๐Ÿ‡ท๐Ÿ‡บ Mozdok     ๐Ÿ‡ฆ๐Ÿ‡ฒ Gavar๐Ÿ‡ท๐Ÿ‡บ Novorossiysk     ๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡ท๐Ÿ‡บ Novosibirsk     ๐Ÿ‡ฆ๐Ÿ‡ฒ Vagharshapat๐Ÿ‡ท๐Ÿ‡บ Petrozavodsk     ๐Ÿ‡ฆ๐Ÿ‡ฒ Vanadzor๐Ÿ‡ท๐Ÿ‡บ Podolsk     ๐Ÿ‡ฆ๐Ÿ‡ฒ Dilijan๐Ÿ‡ท๐Ÿ‡บ Pyatigorsk     ๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡ท๐Ÿ‡บ Rostov-on-Don     ๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡ท๐Ÿ‡บ Saint Petersburg     ๐Ÿ‡ฆ๐Ÿ‡ฒ Spitak๐Ÿ‡ท๐Ÿ‡บ Samara     ๐Ÿ‡ฆ๐Ÿ‡ฒ Vagharshapat๐Ÿ‡ท๐Ÿ‡บ Sergiyev Posad     ๐Ÿ‡ฆ๐Ÿ‡ฒ Armavir๐Ÿ‡ท๐Ÿ‡บ Shakhty     ๐Ÿ‡ฆ๐Ÿ‡ฒ Gyumri๐Ÿ‡ท๐Ÿ‡บ Tver     ๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡ท๐Ÿ‡บ Volgograd    
Armenia has links with Slovak Republic
๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡ธ๐Ÿ‡ฐ Bratislava    
Armenia has links with Syria
๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡ธ๐Ÿ‡พ Damascus    
Armenia has links with Turkmenistan
๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡น๐Ÿ‡ฒ Ashgabat    
Armenia has links with Turkey
๐Ÿ‡ฆ๐Ÿ‡ฒ Arabkir๐Ÿ‡น๐Ÿ‡ท ลžiลŸli    
Armenia has links with Ukraine
๐Ÿ‡ฆ๐Ÿ‡ฒ Armavir๐Ÿ‡บ๐Ÿ‡ฆ Feodosiya     ๐Ÿ‡ฆ๐Ÿ‡ฒ Vagharshapat๐Ÿ‡บ๐Ÿ‡ฆ Kamianets-Podilskyi     ๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡บ๐Ÿ‡ฆ Odesa     ๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan
Armenia has links with USA
๐Ÿ‡ฆ๐Ÿ‡ฒ Gyumri๐Ÿ‡บ๐Ÿ‡ธ Alexandria     ๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡บ๐Ÿ‡ธ Cambridge     ๐Ÿ‡ฆ๐Ÿ‡ฒ Vagharshapat๐Ÿ‡บ๐Ÿ‡ธ Fresno     ๐Ÿ‡ฆ๐Ÿ‡ฒ Martuni๐Ÿ‡บ๐Ÿ‡ธ Glendale     ๐Ÿ‡ฆ๐Ÿ‡ฒ Kapan๐Ÿ‡บ๐Ÿ‡ธ Glendale     ๐Ÿ‡ฆ๐Ÿ‡ฒ Gyumri๐Ÿ‡บ๐Ÿ‡ธ Glendale     ๐Ÿ‡ฆ๐Ÿ‡ฒ Yerevan๐Ÿ‡บ๐Ÿ‡ธ Los Angeles     ๐Ÿ‡ฆ๐Ÿ‡ฒ Martuni๐Ÿ‡บ๐Ÿ‡ธ North Providence     ๐Ÿ‡ฆ๐Ÿ‡ฒ Vanadzor๐Ÿ‡บ๐Ÿ‡ธ Pasadena