US doubles funding for TRIPP+ Enterprise Fund to $402M

The United States has doubled financing for the TRIPP+ Enterprise Fund from $201 million to $402 million, Report informs via Armenpress.

The information is reflected in the official US government spending database.

According to the published data, on January 30, 2026, the US State Department's Bureau of European and Eurasian Affairs allocated a $201 million grant to the TRIPP+ Enterprise Fund. The program was set to run until December 31, 2036.

On July 16, the grant terms were revised, increasing the funding to $402 million, while the program's completion date remained unchanged.

The TRIPP+ Enterprise Fund was established on January 26, 2026, two weeks after Armenian Foreign Minister Ararat Mirzoyan met US Secretary of State Marco Rubio in Washington.

TRIPP+ Enterprise Fund and TRIPP Development Company are separate structures. The latter was created to develop and implement an infrastructure project passing through southern Armenia.