We believe Azerbaijan’s socio-economic development is closely linked with entrepreneurship and its future development!
To the attention of entrepreneurs who wish to take part in a virtual International Advanced Training Course on Management! Micro and small business entities at specialized exhibitions SMBDA has held several meetings during the forum KOBIA supports "Caspian Agro 2021" and "InterFood Azerbaijan 2021" exhibitions SMBDA has signed two documents during the forum SMBDA is represented at the 24th St. Petersburg International Economic Forum An online sales portal for micro and small businesses www.kobmarket.az has been launched Sales exhibition of women entrepreneurs’ handicrafts has been arranged Asian Development Bank to arrange a virtual seminar The SMBDA "Telegram" channel has been launched
Concessionary Funding Mechanisms

Powered by Froala Editor

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/


Powered by Froala Editor

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...

Powered by Froala Editor

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

Powered by Froala Editor