During the first 4 months of 2024, 18 entrepreneurs operating in the Nakhchivan Autonomous Republic benefited from preferential loans of the Entrepreneurship Development Fund (EDF). Thus, a total of 907,000 manat concessional loans were allocated by EDF for the financing of entrepreneurs' projects. As a result of the implementation of the projects, it is planned to create 39 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.