National Entrepreneurship Support Fund under the Ministry of Economic Development of Azerbaijan has started to receive investment projects in priority areas in Goygol .
As stated in the ministry here will be accepted projects to develop the production of bread , a modern enterprise for processing of fruit trees , livestock breeding farm dairy and beef , as well as intensive viticulture farms.
From today, subjects have the right to apply to the fund by authorized credit institutions , the report said .
NFES was established in 1992 and began active lending in 2002. Issuance of loans to entrepreneurs is arranged by 38 authorized banks and non-banking credit organizations. In 2012, the Fund for the financing of investment projects in 2,400 areas allocated 218 million manat. NFES loans in 2013 were projected at 250 million manat.
Since the beginning of this year to fijnance 4,260 investment projects there has already been allocated 270.4 million manat. - 15D -
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