Information Business Programme's

[Armenian Union]

Business Programme's
The Business Programme's of District 2 seeks to support the welfare and prosperity of the district and her citizens; we acknowledge that an efficient district is essential for the promotion of cultural advancement, social cohesion, and the enrichment of the district’s productivity.

The following programme's exist and can be requested at the Secretary of Labour & Commerce.

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Business Grant Programme:

• Business start-up grant:
  A citizen who wishes to establish a business may apply with the Secretary of Labour & Commerce for a start-up grant. Applications are judged on a case by case basis, and require a meeting with the Secretary of Labour & Commerce. The idea for the business must be original, creative and have clear goals and economic impact.
  The maximum amount of funding available is 200T per business, and can change depending.
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• Business renovation grant:
  An established business who wishes to renovate their premises may apply with the Secretary of Labour & Commerce for a renovation grant. Applications are judged on a case by case basis, and require a meeting with the Secretary of Labour & Commerce. The renovation must be impactful and meaningful to the district and economy.
  The maximum amount of funding available is 200T per business, and can change depending
  
  
• Rent aid grant:
  A business owner who has endured financial hardships and is unable to pay their rent for 1-2 weeks can apply for rent aid. Applications are judged on a case by case basis, and require a meeting with the Secretary of Labour & Commerce. The business must be active and show clearly that they are unable to pay.
  The maximum amount of funding available is 50T per business, and can change depending.

Business Insurance Programme:

The Civil Workers’ Union has created the ‘Business Insurance Program’ to eligible businesses in the district, requiring a middle-class business license for participation. Notably, regular working-class businesses licenses are excluded from the program due to their differing nature.

To enrol in the programme, a prospective business must liaise with a Worker, who will then establish a report and escalate the request up the hierarchy. A Senior-Worker will conduct a comprehensive ‘risk assessment’ by visiting your store, scrutinizing the premises, and evaluating your security measures for your stock, doors, and windows. The findings from this assessment will create a tailored weekly premium.

In the unfortunate event of a theft at your store, the program provides the possibility of receiving up to a 75% reimbursement for stolen goods. However, it is vital that a record of your current stock is held for the reimbursement. Following such an incident, a Senior-Worker will revisit your business to conduct a re-assessment of the risk factors, and if deemed necessary, adjust your premium.

A business can also gather ‘Claim-free weeks’, this is designed to reduce your premium the longer your business goes without filing a claim, creating great potential for savings the business. For instance, if your initial premium is 10 Tokens, and you manage to avoid any claims for 4 consecutive weeks, your premium can be discounted by 5 Tokens, resulting in a reduced premium of 10 Tokens.

Grants and Programme's are not required to be paid back, unless certain conditions have not been met in the contractual agreement between both parties. In such case of a breach, the full amount has to be paid back or face charges.