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The next stage of the “Entrepreneur’s Umbrella” project was held in the Babek District.
Supported by the Ministry of Economy of the Nakhchivan Autonomous Republic and jointly organized by the Entrepreneurship Development Fund of Nakhchivan AR and Bank Respublika, the next events within the framework of the “Entrepreneur’s Umbrella” project took place on October 7–8, 2025, in the Nehrem and Jahri settlements of the Babek District.
During the event, entrepreneurs’ applications were registered by both the Fund and bank representatives, and detailed information was provided about the available state financial support mechanisms tailored to their needs. Participants were also informed about the procedures for obtaining concessional financial resources, and were given educational brochures.
The main goal of the project is to raise awareness among entrepreneurs operating in the regions about state support mechanisms and to expand their access to financial resources.
The project was met with great interest from local entrepreneurs, and in the next stage, it is planned to continue the initiative in other regions of the Autonomous Republic, covering an even wider range of entrepreneurs.
