Entrepreneurship Dev't Fund allocates concessional loans to agricultural projects [PHOTO]
![Entrepreneurship Dev't Fund allocates concessional loans to agricultural projects [PHOTO]](https://www.azernews.az/media/2022/10/31/mikayil_jabbarov.jpg)
Azerbaijan's Entrepreneurship Development Fund has allocated concessional loans to two business entities to promote local production, Azernews reports, citing Economy Minister Mikayil Jabbarov.
The fund allocated AZN497,000 ($292,352) in concessional loans to Humix LLC for the manufacturing of plant protection products and agrochemicals in Sabirabad.
"The Entrepreneurship Development Fund (@sahibkarliq) has allocated 497,000 ₼ in #concessionalloan to Humix LLC for the manufacturing of plant protection products and agrochemicals in Sabirabad," he tweeted.
Moreover, the fund allocated AZN500,000 ($294,117) in concessional loans to Beluga Astara LLC for the project aimed at the enlargement of the fish farm in Astara District.
"The Entrepreneurship Development Fund (@sahibkarliq) has provided 500,000 ₼ in #concessional loan to Beluga Astara LLC for the project aimed at the enlargement of the fish farm. The project will be implemented in Astara district," he tweeted.
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Ayya Lmahamad is AzerNews’ staff journalist, follow her on Twitter: @AyyaLmahamad
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