Entrepreneurship Fund gave loans for AZN 7.6 million to 43 business entities


June 29, Fineko/abc.az. The mechanism of state guaranteed loans and subsidies was completed in 2022, and within this program, state guarantees in the amount of AZN 4.5 million were given for loans to 43 entities (for AZN 7.6 million) of businesses operating in the tourism sector. A subsidy of AZN 499,000 was paid for guaranteed loans.

ABC.AZ was informed at the Entrepreneurship Development Fund that finances in the amount of AZN 349,000 were allocated to 47 tourism projects as part of subsidizing interest on the existing loan portfolio.

Currently, the financing of projects in various fields of tourism continues at the expense of a subsidized loan.