Baku, Azerbaijan, April 2
By Ilkin Shafiyev – Trend:
Azerbaijan's Center for Simplified Support to Family Businesses (ABAD) is considering applications from 700 citizens over cooperation, ABAD's director Rufat Elchiyev told Trend on April 2.
Presently, the Center cooperates with 215 family enterprises. Seven families living in the Masalli region of Azerbaijan participated in the ABAD pilot project, he said.
"ABAD is aimed at not so much increasing the number of participants, but rather creating sustainable micro, small and medium business entities. Our main task is to make these enterprises competitive so that they can enter new markets and create jobs. The selection of projects is not based on numbers. A rather large number of applications come to us, among them we choose the projects of those citizens, who want to develop professionally, whose projects are interesting for the market and have potential," Elchiyev said.
The Center for Simplified Support to Family Businesses (ABAD) was established by the decree of the Azerbaijani president, dated Sept. 23, 2016. ABAD provides comprehensive support to families at all stages of the business, from branding and registration of the enterprise and ending with the access of products to the markets. Presently, the main areas for ABAD are agriculture and arts and crafts.