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Working towards sustainable rural development in Azerbaijan: 44 families getting EU4Business support

December 18, 2018

Exactly 44 families in rural areas of Azerbaijan will be receiving targeted support thanks to the EU4Business initiative. These families have the potential to grow successful business models. They were selected in the northwest regions of Azerbaijan under an EU-funded project.

While initially aiming to establish only 30 smallholder family businesses in the course of three years of the project lifespan, this number has quickly grown to 44 within the first year of the implementation phase alone.

In keeping with the pledge to ‘leave no one behind’, the EU, the United Nations Development Programme (UNDP) and the government of Azerbaijan ensure that the most vulnerable segments of society can also benefit from this initiative.

So far, 22 families have received essential procurement and equipment support and are ready to move forward with production and manufacturing plans in their respective areas of business.

The three-year grant project 'Support to the development of small family businesses in the Sheki-Zagatala Economic Zone through ABAD regional centre in Balakan' aims to boost entrepreneurship and job creation in the region, by working with and building the capacity of the ‘ABAD’ public body for support to family businesses, as well as with selected target families to develop skills and support the growth of micro enterprises.

The project is funded by the EU as part of its EU4Business initiative, and implemented by the UNDP.

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