A targeted productivity promotion program

Who can apply?

Business owners from the following sectors: manufacturing and mining, energy, IT and communications, construction, car service, transport/storage, accommodation (except Yerevan), scientific and technical activities, rental/leasing, education, healthcare, arts/entertainment.

Leasing/Loan subject

Only new (unused) machinery and equipment and their components.

Maximum amount

Up to 1,000.0 million AMD (for groups that have made an investment of ≥ 200 million AMD in the charter capital: up to 10 billion AMD):

Deadlines

Term of contract՝ up to 120 months (10 years).

Subsidy period: up to 42 months (3.5 years).

Subsidy (Percentage)

In the case of a loan, the state pays for a loan in AMD 6%, in foreign currency 4%:

In case of leasing: leasing in AMD 8%-ը, leasing in foreign currency 6%:

Privilege period

Principal repayment deferral: up to 6 months:

Additional 50% compensation

For companies in the general taxation system that take out a loan for digitalization/productivity consulting: if conditions are met (export growth ≥ 20%, ISO 9001/27001, audit) the state reimburses 50% of the loan balance.:

Application procedure:

You are applying to a partner financial institution (bank/credit institution) — The Ministry of Economy checks the application — the subsidy begins.