Baku, Azerbaijan, Dec. 12
By Anvar Mammadov – Trend:
The National Fund for Entrepreneurship Support (NFES) under the Economy Ministry of Azerbaijan has begun accepting investment projects on priority development areas in the Goychay District, the Economy Ministry said in a message Dec. 12.
The NFES considered it expedient to start accepting proposals of entrepreneurs on financing start-ups as well as investment projects to create farms for animal breeding, intensive gardening, poultry breeding, as well as facilities for production of dried fruits.
Entrepreneurs can apply to the Fund through authorized credit organizations. Small projects can be fully financed through concessional loans.
About 150 million manats will be issued in preferential loans to entrepreneurs in 2017.
(1.7 manats = $1 on Dec. 12)