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 Tuesday, October 26 2021 18:33

Joint Project of HSBC Group and Jinishian Memorial Foundation Improved IT and Entrepreneurial Skills of Unemployed People in the Regions

Joint Project of HSBC Group and Jinishian Memorial Foundation Improved IT and Entrepreneurial Skills of Unemployed People in the Regions

ArmInfo.The concluding event of the project "IT and Entrepreneurial Skill Enrichment of Unemployed Population to Boost Regional Economic Development”  took place on 21 October 2021. The project was funded by the HSBC Group and implemented by the Jinishian Memorial Foundation. The overall budget of the project was USD149,000, of which USD105,500 was donated by HSBC Group.

 

The project was implemented in two stages in Shirak, Lori, Gegharkunik, and Kotayk regions of Armenia.

 

Within the framework of the first stage 75 young people were trained as IT specialists in aforementioned regions of which 48  have already started working in regional branches of leading IT companies. During the project, the beneficiaries gained deep insights into the overarching areas of engineering and programming as well as acquired other skills and knowledge required for the development of technical and interpersonal relations. The six-month training programme was delivered by senior specialists of the project’s partner organisations, as well as  interested IT companies operating in the regions. The trainings were followed by a two-month professional internship in the regional branches of the leading IT companies.

 

During the second stage, 45 young people from the regions were given a unique chance to start and develop a business. Practical courses on development of business skills and business planning were organised, and subsidised loans were provided as part of the project. The project also helped boost job creation and self-employment in the regions.

 


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