March 30, 2021

COVID-19 Relief Fund Armenia

Main purpose: Within the scope of the “Collaborate For Impact”1 project, Impact Hub Yerevan is announcing a call for applications for the EU-Supported COVID-19 Relief Fund, which aims to support social enterprises in Armenia to overcome the negative impact of the pandemic and make them more resilient to similar crises in the future.

Budget: Social enterprises are invited to apply for projects with a budget between 3.5 million and 9 million AMD [approximately 5,640-14,510 EUR]. The average grant size for the EU-Supported COVID-19 Relief Fund is expected to be around 6.2 million AMD [10,000 EUR] but larger budgets could be considered based on the needs of the applicant as well as the social impact and profitability of the particular social enterprise. All activities funded have to take place/be implemented within the borders of the Republic of Armenia.

As outlined in the application form, participants are asked to provide a budget where at least 20% will be directed to medium-to-long-term activities (resilience building), e.g. developing e-commerce, additional sales channels, new products/services.

Deadline: 12/04/2021

Who is eligible:

  • Entities registered as CSOs/NGOs, Foundations, LLCs or Sole Proprietors that consider themselves to be social enterprises and match the definition of social enterprises as set by the European Union.
  • Entities that were registered and/or operational in March 2020 as well as those that had planned to launch operations in early 2020 but whose plans were derailed because of COVID-19 and lockdown.
  • The entity must be registered at the time of application and operate within the Republic of Armenia.

Evaluation criteria:

Applicants will be judged based on the following criteria.

  • Relevance of social mission (20%)
  • Solution proposed by social enterprise and social impact to date (20%)
  • Business model and financing to date, business forecast (20%)
  • Budget figures and rationale (20%)
  • Potential for scaling of social impact (20%)

1The “Collaborate For Impact” project is a new EU-funded social entrepreneurship project led by EVPA. The project has a regional component covering the Eastern Partnership region and a specific component for Armenia. Activities in Armenia will be implemented by Impact Hub Yerevan.

Search the website

Use the following form to search our website