BSC Armenia and Triodos Facet have become partners in SME development.

Development takes up a lot of time and it requires patience and perseverance. It’s easy getting a business started, but it takes confidence in yourself and your business partners to turn a project into a viable and sustainable business. BSC Armenia has recently become an independent consultancy company, specialised in rendering SME BDS services.

In the early nineties, the European Union (under the TACIS programme) invited Triodos Facet to assist in setting up a SME Development Agency (SMEDA) in Armenia, which developed into a Business Support Centre offering training and advisory services to existing and new SMEs in Armenia. To continue this successful initiative, the project staff decided to turn the project into a privately owned company.

BSC Armenia and Triodos Facet kept a good relationship over the past 10 years. In the beginning Triodos Facet only advised BSC Armenia, but gradually they have become equal partners developing products and services together.

We are proud to announce that Triodos Facet and BSC Armenia have decided to jointly develop Business Development Services in Armenia. Together we will promote the development of the local SME sector, which will contribute to sustainable development in Armenia.
In September 2008, we have signed a Memorandum of Understanding reflecting our mutual understanding and trust in each other. This document also articulates our future cooperation.

Let's hope more of such arrangements with other partners will follow!

For further information, do not hesitate to contact:
Mr. Adriaan Loeff ( This e-mail address is being protected from spam bots, you need JavaScript enabled to view it ) or
Mr. Samvel Grevorgyan ( This e-mail address is being protected from spam bots, you need JavaScript enabled to view it )

[Bunnik, 8sep2008]