Today.Az » Business » NESF: AZN 23 mln preferential loan was allocated to 145 entrepreneurs within the development program of Baku and surrounding settlements
17 August 2011 [15:30] - Today.Az
The National Entrepreneurship Support Fund of Ministry of Economic Development has allocated AZN 23 mln preferential loan to 145 entrepreneurs since adoption of “State Program on socio-economic development of Baku and surrounding settlements”, said the NESF Executive Director Shirzad Abdullayev.
According to him, 19 of the projects were large-scale.
He also noted that, NESF conducts monitoring of given loans: “THE Fund conducts monitoring 2 times in a months for spending of funds allocated for large projects. 100+ projects were monitored during the same period”.
Note that, NESF has allocated AZN 92.1 mln preferential loan to 110+ entrepreneurs during 2011.
/APA/
|
|
