Entrepreneurship Development Fund provides concessional loans of $60M in 9 months

Kanan Sadigov
Post's author

The Entrepreneurship Development Fund under the Ministry of Economy granted concessional loans of 101.9 million manats ($60 million) in January-September of this year, Report informs.

Those funds were directed to financing 2,105 projects of entrepreneurs.

It is planned to create 1,505 new jobs at the expense of loans issued by the Fund in 9 months.

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