We believe Azerbaijan’s socio-economic development is closely linked with entrepreneurship and its future development!
Issues of participation of businessmen in restoration and reconstruction of the territories liberated from the occupation discussed Take the queue at SMB houses online! Orkhan Mammadov: SMBDA is working on a new mechanism to expand access of SMBs to sales markets SMB development centers to continue supporting entrepreneurs in the coordination and share of experience Who can get a “Startup” certificate and how? SMBDA represented at the "Online B2G Forum" Domestic market research mechanism stimulates local production Italian ambassador to Azerbaijan visited SMBDA In September, about 3,000 entrepreneurs and those wishing to start their own business took advantage of SMBDA’s training and consulting services Take advantage of tax consulting services
Concessionary Funding Mechanisms

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The Fund’s resources are used to ensure the development of the non-oil sector, introduction of innovative technologies and funding of investment projects in the area of export operations.

The Fund allocates soft credits in the following amounts:

- 5 000 to 50 000 manats: small credit;

- 50 001 to 1 000 000 manats: medium-size credit;

- 1 000 001 to 10 000 000 manats: large credit.

The Fund can allocate a concessional credit not exceeding 10 000 000 manats to any entrepreneur (including allocation of a soft credit for one investment project).

The Fund’s soft credits imply the following terms of maturity:

- small credits: up to 3 (three) years;

- medium size credits: up to 5 (five) years;

- large credits: up to 10 (ten) years.

The Fund’s annual interest rate is set at 1 percent and, provided the annual interest rate of authorized credit institutions does not exceed 4 percent, the ultimate annual interest rate of soft credits shall not surpass 5 percent.

Depending on the nature of SMBs’ activity, their soft credit’s maturity will be determined in the light of information on the cash flow and may constitute the first 1/2 of the period of credit use. During the concessionary period, SMBs repay only the interest debt and make no reimbursements of the principal debt.

For further detail, see: http://edf.gov.az/en/


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The Fund promotes activity in the area of Information and Communications Technologies by ensuring the application of innovations and provision of financial support to expand the scope of applied scientific research works.

Areas of Activity:

- acquisition of a participation interest in legal entities conducting activities in ICT as well as shares to be invested as term deposits;

- funding SMBs in the area of ICT through authorized banks and non-banking credit institutions;

- funding innovative and applied scientific and technical projects (start-up projects) through grants.

The Fund allocates soft credits in the following amounts:

- 10 000 to 50 000 manats: small credits;

- 50 001 to 500 000 manats: medium-size credits;

- 500 001 to 5 000 000 manats: large credits.

The Fund can allocate a concessional credit not exceeding 5 000 000 manats to any entrepreneur (including allocation of a soft credit for one investment project)

The Fund’s soft credits have the following terms of maturity:

- small credits: up to 3 (three) years;

- medium size credits: up to 5 (five) years;

- large credits: up to 10 (ten) years.

The authorized credit institutions’ ultimate annual interest rate for the Fund’s soft credits shall not surpass 5 percent of the total amount of credit.

For further detail, see: http://www.mincom.gov.az/upload/files/dd04d2c0db57...

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The Agency uses its resources to ensure concessionary funding of the agricultural sector development projects and agricultural inputs.

The Agency uses its resources for the following purposes:

- funding projects to improve production, processing, storage and sale of agricultural products;

- financing regional innovative projects of agricultural development;

- funding projects to improve supplies for agricultural facilities as well as their concessionary leasing and sale;

- financing public-private partnership projects to ensure the development of livestock farms;

- financing pilot projects of the Ministry of Agriculture of the Republic of Azerbaijan.

The Agency allocates soft credits in the following amounts:

- up to 5 000 manats: micro-credit;

- 5 001 to 30 000 manats: small credit;

- 30 001 to 100 000 manats: medium-size credit;

- 100 001 to 200 000 manats: large credit;

- up to 1 000 000 manats: the agricultural inputs credit.

Soft credits have the following terms of maturity:

- small credits: up to 2 (two) years;

- medium size credits: up to 3 (three) years;

- large credits: up to 5 (five) years.

For further detail, see: https://president.az/articles/31161

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