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Azerbaijan’s Entrepreneurship Development Fund, Premier LLC sign contract

Business Materials 8 January 2021 05:01 (UTC +04:00)
Azerbaijan’s Entrepreneurship Development Fund, Premier LLC sign contract

BAKU, Azerbaijan, Jan. 8

By Fidan Babayeva - Trend:

The Entrepreneurship Development Fund of the Azerbaijani Ministry of Economy and Premier LLC signed a contract worth 255,974 manat ($150,572), Trend reports on Jan. 7 with reference to the "Electronic Procurement" website.

The winner of the tender announced by the Entrepreneurship Development Fund of the Ministry of Economy for the purchase of equipment and licenses has been determined.

"Premier LLC was named as the winner of the tender upon the decision of the tender commission," the message said. "A contract worth about 260,000 manat ($152,941) was signed with the company."

The Entrepreneurship Development Fund is an organization that issues soft loans to small and medium-sized businesses.

The Fund was created to strengthen state support for entrepreneurship, it is an important institutional organization that issues soft loans to entrepreneurs and implements its policy in accordance with the priorities of the development of the Azerbaijani economy.

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