Within Industrial and Regional Development activity BSC implements programs and provides services aimed at complex development of different regions and sectors of economy in Armenia and Caucasus, creating new job opportunities, retaining and stabilizing the existing employment base, and generating added tax revenues through increased economic activity. Main attention is paid to fostering mutually beneficial cooperation between local communities, private sector, non-governmental organizations and local government authorities and forwarding this cooperation to profit generating activities.

Main efforts within this area BSC focuses on
> Identifying and evaluating the development potential of a specific industry (such as, hospitality and tourism, agriculture, production and service) and region,
> Identifying industrial and regional development trends,
> Designing industry and region development strategy,
> Promoting profit-generating activities,
> Developing capacity of companies in specific sectors,
> Promoting healthy competition, network and holistic marketing efforts within sectors and in the regions.
> Promoting local government authorities in designing strategies for development of a specific region and sector, as well as in business and job creation.

Within IR&D area BSC
> Implements extensive learning programs,
> Provides consulting in support of specific area development activities,
> Conducts research of global industrial and regional developments and trends,
> Assesses development programs and investment projects,
> Implements various complex development projects aimed at promoting economically sound industry and regions,

• Regional and industrial business projects development • Regional tourism projects development • Regional and industrial investment projects development and feasibility studies • Business support and development in regions

• Sector development trainings • Capacity building trainings for regional business service providers • Trainings for regional companies and organizations (open and corporate)

• Industrial analysis by sectors • Research on investment climate in regions • Research on opportunities for regional development • Regional market research and analysis • Baseline surveys

• Evaluation of industrial development projects • Evaluation of regional development projects • Evaluation of effectiveness of regional and industrial invesment projects