During January–August of this year, the Entrepreneurship Development Fund provided entrepreneurs with a total of AZN 5.2 million in concessional financial support. These funds were allocated to the financing of 149 projects. Compared with the same period of the previous year, the number of financed projects increased by 40.6 percent.
Of the financed projects, 91.3 percent, and 64.8 percent of the total amount of concessional loans, accounted for business entities operating in districts and villages outside Nakhchivan city.
