The National Entrepreneurship Support Fund under the Ministry of Economic Development of Azerbaijan has started to receive investment projects in priority areas in Sheki.
As stated in the ministry here will be accepted projects to create a modern bakery , poultry farms and small farms of livestock breeding .
From today, the subjects have the right to apply to the fund by authorized credit institutions , the report said .
NFES was established in 1992 and active lending by the Fund began in 2002. Issuance of loans is arranged to entrepreneurs by 38 authorized banks and non-banking credit organizations. In 2012 the fund to finance investment projects in 2400 areas allocated 218 million manat. NFES loans in 2013 are forecast at 250 million manats.
Since the beginning of the year, for the financing of 3527 investment projects, 245.2 million manat has already been allocated. -15D
Economics
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