The Entrepreneurship Development Fund, one of the main aims of which is promotion of local production, provided a concessional loan to the V-VVV LLC, Azerbaijan's Minister of Economy, Mikayil Jabbarov tweeted.
"The Entrepreneurship Development Fund has allocated 200,000 manat ($117,650) in concessional loan to the V-VVV LLC for the project aimed at the production of wet wipes. Turning small and media-sized business into the driving force of the economy is one of the priority directions of the support for entrepreneurs," he said.
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