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Business support center presents program designed to boost entrepreneurship in rural communities

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Samvel Gevorkian, the chairman of the Business Support Center (BSC), presented a program today designed to boost entrepreneurship in rural communities. According to him, boosting entrepreneurship in communities outside Yerevan is not very difficult and does not require large financial investments.

"The basic idea is to encourage entrepreneurship in the regions through identifying their top priorities. All you need to have is the desire of the people and support of community heads," he said.
According to Gevorkian, Armenia should adopt the Japanese method of development - "one village - one production."
"For example, one community has very attractive historical monuments, the other community is known for preparing a national dish," he said.
Gevorkian cited the example of the town of Berd in the Tavush region where women produce teddy bears. This business has appeared very profitable as a teddy bear is sold at 15,000 drams.
The Business Support Center was founded in 1994 as Armenian Foundation for Small and Medium Enterprises, acting within the framework of EU TACIS program. 

In 1998 it became a private and self-financing company, and was renamed the Business Support Center to provides consulting and training services.

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