Preferential loans worth 2 million manat granted in Azerbaijani regions
Azerbaijan, Baku, June 18 / Trend N. Ismayilova /
On Friday, preferential loans of up to two million manat were given to 34 entrepreneurs in Sabirabad and surrounding areas through the National Fund for Entrepreneurship Support under the Azerbaijani Ministry of Economic Development, a report said.
Implementation of projects for these funds will facilitate the creation of more than 94 new jobs, the report said.
On Friday, the fund held a regular event with the participation of about 350 entrepreneurs in Sabirabad economic region of Azerbaijan, which focused on state support of entrepreneurship in the regions.
The fund also conducted a training in which businessmen were briefed on the mechanism of preferential credits, the formation of business ideas, training and rules for investment projects.
On June 18, the official exchange rate is 0.8038 manat to $1.