YEREVAN. – The Armenian government will support 150-200 small business entities in 2015, the Cabinet decided on Thursday.

The government will continue granting preferential loans to startup businesses - up to 5 million. AMD at 10% per annum for five years .It is planned to provide financial support to 150-200 small and medium-sized businesses.

Preference will be given to Armenia's regions, taking into account the need of economic revitalization. This year, in addition to the advice and technical support, the government plans to apply new mechanisms - in particular, support for new business initiatives.