European Union has allocated € 10 mln to support small business in Azerbaijan, Ukraine, Armenia, Georgia, Belarus and Moldova and 600+ projects within Business Advices Service (BAS).

This allowance will be spent to financing of 60+ projects within Enterprises Growth Program (EGP) in 2011-2013 in EBRD’s Eastern Partnership States and 600+ projects within Business Advices Service (BAS).

The BAS Programme supports economic transition, by both achieving enterprise change in potentially viable micro, small and medium-sized enterprises (MSMEs) and also developing sustainable infrastructures of business advisory services in the EBRD countries of operation.

Since its inception in 1993, the Enterprise Growth Programme helps small and medium to large sized enterprises transform themselves. EGP advisors enable enterprises to make structural changes and develop new business skills at senior management level, helping them to thrive and compete in market economies.

The Eastern Partnership (EaP) is a project which was initiated by the European Union (EU). It was presented by the foreign minister of Poland with assistance from Sweden at the EU's General Affairs and External Relations Council in Brussels on 26 May 2008. The Eastern Partnership was inaugurated in Prague on 7 May 2009.

The first meeting of foreign ministers in the framework of the Eastern Partnership was held on 8 December 2009 in Brussels.