Amber Capital Armenia
Partner: “Amber Capital Armenia”
Description: “Entrepreneur + State Anti-Crisis Investments Fund” managed by ANIF’s subsidiary, will invest USD 4 million in the EU-Armenia SME Fund (hereinafter: the Fund) supported by the European Bank for Reconstruction & Development (EBRD) and the European Union and managed by Amber Capital Armenia. The committed capital of the Fund will hence reach the target size of USD 50 million, which will be invested directly into the Armenian economy.
Advantages: FMO, the Dutch entrepreneurial development bank, has also committed USD 7 mln to the Fund. FMO invests in the fund to support building the PE industry in Armenia, which in turn will help to make financing available for SMEs and facilitate the creation of jobs (SDG8). The fund has invested in Solis և Sis natural companies.
Project Size: 4 mln USD