Our Vision
Entrepreneurial opportunities for all.
Our Mission
Inform, inspire, and empower Armenian SMEs to create self-sustaining businesses that contribute to both individual economic stability and the Armenian economy as a whole.
Board of trustees

The Authority of SME DNC of Armenia’s Board of Trustees:

  1. Approves the strategic and annual programmes of SNE DNC
  2. Makes amendments in the Code of SME DNC, accepts decrees on new edition of the Code
  3. Decides on large scale contract based on the DME DNC Director’ proposals
  4. Based on the Director’s proposals, approves the internal Code of the Foundation, the administrative-organisational structure, the staff list, and the estimate of annual expenditures
  5. Based on the proposal of the President of the Foundation, appoints and fires the Executive  Director of the Foundation
  6. Terminates the authority of the Board members and nominates new candidates
  7. Controls the use of resources of Foundation by the Director
  8. Approves the annual reports by the Foundation
  9. Establishes, restructures and dissolves the branches, representations and enterprises of Foundation, as well as approves the Code of these structures
  10. Controls the execution of its decisions.

The Board of Trustees. 

Artsvik Minasyan

Minister of Economic Development and Investment of the RA,

Chairman of Board of Trustees of the SME DNC of Armenia

Albert Babayan

Deputy Minister Economic Development and Investment of the RA

Arman Poghosyan

Deputy Minister of Finance of the RA

Robert Makaryan

Deputy Minister of Agriculture of the RA

Babken Pipoyan

"Aware protected consumer" NGO, Chairman

Vanane Ararktsyan

Executive Director of American Chamber of Commerce in Armenia

Andranik Aleksanyan

Chamber of Commerce and Industry of Armenia, Director 

Seyran Avagyan

Head of ""Armenian Entrepreneurship" Small and Medium Entrepreneurship Association"

Seyran Sargsyan

Executive Director, Union of Banks of Armenia

Haykaz Bakhshetsyan

Deputy president of Union of Manufactures and Businessmen (Employers) of Armenia, President of "Metek" CJSC


Artur Harutyunyan

Vice President, Association of Accountants and Auditors of Armenia (AAAA), Board member, "Armenian Institute of Directors"

Tsolvard Gevorgyan

President, “Armenian Merchants” NGO

Vahan Shaqarian

Founder, "New Technology Education Fund"