We Will Support Everyone Who Has an Idea but Lacks Funds: Papoyan

The government is developing a strategy for the development of small and medium-sized businesses, announced Economy Minister Gevorg Papoyan at a joint session of the parliamentary committees.

"We have targeted small and medium businesses, and we have developed a specific action plan for their development. There is a very important point regarding the transition from idea to business. This has been implemented before in some way, but we are trying to apply a better methodology now. For everyone who has a good idea (not referring to simple commercial activity) but lacks funds, we will support them to some extent, guaranteeing that they will have the money to implement that idea," said Papoyan.

According to the minister, in addition to this, two more strategies are being developed, which relate to export and green economy.