YEREVAN, MARCH 20, NOYAN TAPAN. "Armenia's Small and Medium Entrepreneurship Development National Center (SME DNC) and the OSCE Yerevan Office are taking steps to raise 4 million euros necessary for foundation of a business incubator in the city of Goris. The OSCE Yerevan Office Head, Ambassador Vladimir Pryakhin stated this at the March 20 press conference after the signing of the mutual understanding and cooperation memorandum with the SME DNC. In his words, the indicated sum is envisaged for the first 4 years of implementation of the Goris business incubator program. He expressed a hope that "this year we will already start implementing this program." The SME DNC Director Ishkhan Karapetian in his turn noted that it is also planned to found a business incubator in the city of Gyumri. Each of these bodies will service 15-20 SME subjects.

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