YEREVAN, February 5. /ARKA/. The Stepan Gishyan charity foundation, run by Acba Bank, has announced today the launch of a grant competition, designed for legal entities.
The Bank said in a press release that the foundation will be accepting online applications until March 15th inclusive.
The presented projects should be aimed at the development of one or several areas related to the social, economic, education, science, health and culture sectors. All the projects should be implemented exclusively in the territory of Armenia.
The charity foundation will give preference to those projects that are aimed at creation of new jobs,
utilizing local products and raw materials in large volumes, if possible,
offering innovative solutions,
strengthening Armenian-French ties.
The maximum amount of one grant is 5 million drams.
The Stepan Gishyan charity was established by Acba Bank, French banking group Credit Agricole, Credit Agricole National Federation and Stepan Gishian’s family. ($1 – AMD 396.58) -0-.