Development co-operation policy: 

NA

 

Aid Information Management System (AIMS): 

NA

 

Development co-operation reports: 

2019 Report on the implementation status of “Azerbaijan 2020: Look into the Future” Development Concept”.

Published yearly up to 2020.

 

Development cooperation mechanisms: 

 

Mechanism 

Level and actors 

Objectives and related policies 

  Electronic Loan Platform (www.e-edf.gov.az)  

National Level

- Governments

- the private sector

State support for entrepreneurial development. Created by the Ministry, is of paramount importance in terms of expanding access to loans for entrepreneurs. Providing business loans through this electronic system creates a number of benefits for entrepreneurs. The introduction of the Electronic Loan Platform also provides flexibility and transparency in obtaining loans, and a level playing field for entrepreneurs, by expanding access to credit for entrepreneurs, and saving time and money.

The Small and Medium Business Development Agency

National Level

- Governments

- the private sector 

Established under the Ministry of Economy, the Agency implements various incentive and support mechanisms to increase the role and competitiveness of SMBs in the economy, improve their knowledge and skills, and widen their access to financial resources and markets. Examples include SMB Friend offices, SMB Development Centres, funding for educational, scientific and research projects for SMBs, and the issuance of a Startup Certificate.