2 million 205 thousand manat concessional loans were allocated to business entities operating in Nakhchivan MR.

In 2023, 27 entrepreneurs operating in the Autonomous Republic of Nakhchivan benefited from preferential loans of the Entrepreneurship Development Fund (EDF). Thus, a total of 2,205,000 manat concessional loans were allocated by EDF for the financing of entrepreneurs' projects. Business entities that benefited from the loan operate in various areas of the economy, such as industry, tourism, agriculture, logistics and public catering in the territory of the autonomous republic. As a result of the implementation of the projects, it is planned to create 86 new jobs.

It should be noted that starting from February 2023, the concessional credit mechanism of the Entrepreneurship Development Fund of the Ministry of Economy includes business entities operating in Nakhchivan.