Nearly $10M of loans granted to female entrepreneurs in Azerbaijan

Ashraf Mehdiyev
Author

In 2023, the Entrepreneurship Development Fund (EDF) under the Ministry of Economy granted 16.4 million manats ($9.65 million) in preferential loans to 290 female entrepreneurs in Azerbaijan, Report informs, citing the Fund.

In addition, last year, the EDF allocated 7.1 million manats ($4.18 million) for the financing of 108 projects of young entrepreneurs.

Other News

Azerbaijan's potato exports rise 9.1% in January–September 29 October, 2026 / 17:56
Russia's antitrust authority backs Azerbaijan's proposal on antimonopoly violations in public procurement 29 October, 2026 / 13:18
Uzbekistan proposes three key areas for cooperation among CIS antitrust authorities 29 October, 2026 / 10:59
Dushanbe, Astana seek to expand partnership on protection of competition 29 October, 2026 / 10:37
Ruslan Dzhaliukov: Russia's antimonopoly service preparing second anti-cartel legislative package 29 October, 2026 / 10:31
Kyrgyzstan to modernize retail price monitoring system 29 October, 2026 / 10:16
Kazakhstan to tighten antimonopoly control 29 October, 2026 / 10:06
Elnur Baghirov highlights importance of CIS cooperation in addressing cross-border risks 29 October, 2026 / 09:47
CIS countries to set new priorities for antimonopoly cooperation at Khankandi meeting 29 October, 2026 / 09:32
CIS Interstate Council on Antimonopoly Policy opens 61st meeting in Khankandi 29 October, 2026 / 09:10
Digital technologies' impact on competition discussed in Khankandi 29 October, 2026 / 08:33
OECD confirms Azerbaijan's compliance with country-by-country reporting rules 28 October, 2026 / 16:05
Deputy minister: Achieving climate goals among Azerbaijan's top priorities 28 October, 2026 / 13:47
Arpadarai: Business key in turning commitments into real economic action 28 October, 2026 / 11:42
IE University aims to drive entrepreneurship and innovation in Azerbaijan 27 October, 2026 / 19:46
Azerbaijan, IE University sign agreement to establish Economic Observatory 27 October, 2026 / 19:34
Azerbaijani business success stories to feature in academic programmes 27 October, 2026 / 19:24
Deputy minister outlines AI Hub's role in economic transformation 27 October, 2026 / 18:13
Samad Bashirli: Innovation – new area of ​​Baku-Madrid co-op 27 October, 2026 / 17:54
Azerbaijan, Italy mull preparations for business forum 27 October, 2026 / 15:29