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Economic Growth

To enhance inclusive growth, USAID programs seek to develop new and sustainable value chains, create jobs, and increase access to markets and finance, enabling Armenians to stay in their communities and reducing migration and dependence on remittances.  Activities that promote agriculture, agribusiness, and cultural and natural tourism serve to promote rural economic opportunities across the country, including in some of the most marginalized areas.  

USAID also supports the inter-linked energy and water sectors, which are critical to Armenia’s economic security and independence. USAID promotes energy market liberalization and regional integration to lay the foundation for developing a more diverse mix of energy sources and to promote transparency, accountability, and self-reliance in the sector. In addition, USAID works with the Armenian government and local communities to improve the management and sustainability of groundwater reserves in the Ararat Valley, which sustain nearly 40 percent of the country’s agricultural GDP and provide cooling water for Armenia’s nuclear power plant, Metsamor. Through partnerships with the private sector, the Government and academia, USAID is also helping to unlock and strengthen Armenia’s considerable comparative advantages in the IT industry and research and development (R&D), incubating talent, accelerating start-ups, and contributing to youth employment.

CURRENT PROGRAM

RURAL ECONOMIC DEVELOPMENT

"My Armenia" Cultural Heritage Tourism Program

Partner:  Smithsonian Institution  |  Duration:  July 2015-September 2020

The program seeks to promote economic opportunities and enhance inclusive growth in Armenian rural communities by developing a sustainable cultural heritage tourism industry, creating employment opportunities and enabling Armenians to live and work in their communities.

Partnerships for Rural Prosperity (PRP)

Partner:  SME DNC of Armenia  |  Duration:  August 2013-December 2018

The project promotes rural economic development in Armenia. PRP helps rural communities to identify local economic growth opportunities, expand employment prospects for women, youth and vulnerable groups, facilitates infrastructure upgrades, and improves access to finance and markets.  

Advanced Rural Development Initiative (ARDI) 

Partner:  Fuller Center for Housing Armenia  |  Duration:  September 2013-September 2018

The project develops competitive rural value chains to increase incomes and improve livelihoods of 48 rural communities in Syunik, Shirak and Lori marzes of Armenia. ARDI also builds the capacity of rural entrepreneurs–specifically youth and women–to increase their sales and/or revenues and create jobs for community members.  

InnovATE Armenia: Support to the Agribusiness Teaching Center (ATC) 

Partner:  Virginia Tech  |  Duration:  July 2014-July 2019  |  https://icare.am/atc

The project assists the ATC and the International Center of Agribusiness Research and Education (ICARE) in building their capacity to serve as a leading educational and research institution and center of excellence in agriculture and agribusiness in Armenia and in the region.  

ENERGY AND WATER MANAGEMENT

Enhancing Capacities for Low Emission Development Strategies (EC-LEDS): Assistance to Regional Energy Integration

Partner:  Engility Holdings  |  Duration:  October 2015-October 2018

The project promotes the integration of regional energy systems; helps develop regional energy markets; supports increased production from renewable sources; and improves efficiency and transparency within the sector.  

Market Liberalization and Electricity Trade Program

Partner: TetraTech  |  Duration: June 2018-June 2023

The project promotes Armenia’s market liberalization reforms, supports electricity trade with Georgia, and improves the diversification, efficiency, and transparency of Armenia’s energy supply.

Advanced Science and Partnerships for Integrated Resource Development (ASPIRED) 

Partner:  Mendez England and Associates  |  Duration: September 2015-September 2020

The project supports sustainable water resource management and sustainable practices of water use through the use of science, technology, innovation and partnerships (STIP) approaches. The goal is to reduce the rate of groundwater extraction in the Ararat Valley to sustainable levels.  

Participatory Utilization and Resource Efficiency of Water in the Ararat Valley (PURE Water)

Partner:  Urban Foundation for Sustainable Development  |  Duration:  March 2017-March 2020

The project supports the development of a policy and regulatory framework for improved access to water, facilitates participation and oversight of integrated water management practices in target communities, raises public awareness of water related issues, and fosters water-related behavioral change among water stakeholders.

INFORMATION TECHNOLOGY (IT)

Innovative Solutions and Technologies Center (ISTC)

Partner:  Enterprise Incubator Foundation  |  Duration:  December 2014-December 2018  |  http://istc.am/en/

The public private partnership helps develop the education and research potential of Armenian universities in the areas of IT and hi-tech, also empowering students and entrepreneurs to innovate and contribute to Armenia’s broader development. ISTC also hosts research teams and start-ups in its business acceleration area, providing them with the latest IBM technologies and software, business consultations, and networking opportunities.

CIVIL AVIATION REFORM

Support to the General Department for Civil Aviation

Partner:  Priotix LLC  |  Duration: December 2017-September 2018

Through this activity, USAID supports the General Department for Civil Aviation (GDCA) of Armenia with the development of a web-based application system to help improve the transparency and efficiency of the GDCA licensing process and operations.

Last updated: September 07, 2018

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