NESF Decides on Priorities of Projects in Bilasuvar
The desired directions of business in the Bilasuvar region have been specified. As stated in the declaration of the National Fund for Entrepreneurship Support (NFES), projects to create large grain farms, modern cattle farms, intensive horticultural farms and greenhouses, as well as the construction of a three-star hotel will be considered advantageous.
Holders of such documented projects will have priority in consultation with the authorized lending agencies. With a little luck, banks can give them a loan of up to the full cost of the projects.
NESF at the Ministry of Economy and Industry was established in 1992. Its agents are 59 banks and micro-finance organizations. Last year, AZN 295 million was allocated to entrepreneurs. The allocation of AZN 220 million is planned this year. --17D-