Stepan and Margarita launched Davtyan Wine in 2018. While Stepan’s family recipe had previously been kept solely within the family they wanted to try to start their own business and create a sustainable income source.
FAR helped them to ultimately take that business idea to a new level through the Small Business Assistance Program (SBA), which gave Stepan and Margarita the capital to invest further in Davtyan Wine.
You can watch Stepan and Margarita’s story in our 2021 Annual Report, which is now available online. The report shows how FAR’s work continued to help entrepreneurs in 2021.