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Hundreds of Azerbaijani women entrepreneurs receive financial support through self-employment program

Business Materials 6 May 2019 18:03 (UTC +04:00)
Last year, 1,000 women engaged in entrepreneurship in Azerbaijan received financial support within the framework of Azerbaijan’s self-employment program.
Hundreds of Azerbaijani women entrepreneurs receive financial support through self-employment program

Baku, Azerbaijan, May 6

By Matanat Nasibova – Trend:

Last year, 1,000 women engaged in entrepreneurship in Azerbaijan received financial support within the framework of Azerbaijan’s self-employment program, Jamaladdin Guliyev, Deputy Head of the State Employment Service Department under the Ministry of Labor and Social Protection of Population of Azerbaijan, said at an event dedicated to women's social entrepreneurship held in Baku, Trend reports.

As Guliyev noted, 7,000 citizens were involved in the self-employment program in the country by the end of last year. Attracting women to the self-employment program was a priority for the ministry; as a result, they now make up the majority of the program participants.

“The state pays a lot of attention to the development of women's entrepreneurship. Women participate in various social programs and projects, and funds are allocated to them within these projects implementation," Guliyev said. He stressed that one of the important objectives of the self-employment program is the development of social entrepreneurship in Azerbaijan.

The self-employment program has been implemented in the country since 2016. As part of these measures, the Ministry of Labor and Social Protection of Population provides various assets (goods, materials and livestock) to low-income families, to enable them to start their own small businesses.

Some 42 million manats have been allocated for financing the self-employment program this year (35 million manats were allocated last year).

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