Azerbaijan, Baku, Oct.2 / Trend N. Ismayilova /
The National Fund for Entrepreneurship Support under the Azerbaijani Ministry of Economic Development granted preferential loans worth 337,000 manat to 24 entrepreneurs in Gakh and the surrounding regions, the ministry said.
Implementation of the projects will facilitate to open more than 57 new jobs, the report said.
The fund held the next event with the participation of 300 entrepreneurs from Sheki-Zagatala economic region in the Gakh region. It focused on the issues of state support for entrepreneurship development in the regions.
During the event, priority spheres in the Gakh economic region for preferential funding of projects were also identified.
The event participants got familiarized with the activities of the enterprise for the production of mineral water, as well as construction of a hotel complex in Sheki.
The fund held the training. The entrepreneurs were briefed on the mechanism of granting preferential loans, the formation of business ideas, the preparation and submission of investment projects.
As of Oct.1, the official exchange rate is 0. 8026 manat to $1.