EU issues € 10 mln to support small business in Eastern Partnership states

EU issues € 10 mln to support small business in Eastern Partnership states European Union has allocated € 10 mln to support small business in EBRD’s Eastern Partnership States, bank’s press service reported. This allowance will be spent to financing of 60+ projects within Enterprises Growth Program (EGP) in Azerbaijan, Ukraine, Armenia, Georgia, Belarus and Moldova and 600+ projects within Business Advices Service (BAS). The BAS Programme... Read More

Small and Medium Entrepreneurship in Azerbaijan; Country Assessment

Small and Medium Entrepreneurship in Azerbaijan; Country Assessment Micro and small and medium sized entrepreneurship in Azerbaijan is divided into two groups: individual entrepreneurs (i.e. sole owners of the enterprise without forming a legal entity); and small- and medium-size enterprises (i.e. legal entities). All individual entrepreneurs are legally considered small enterprises by default, whereas those registered as legal entities are classified... Read More