Baku, Azerbaijan, Dec. 30
By Eldar Janashvili – Trend:
Azerbaijan’s ABAD Simplified Support to Family Businesses public legal entity under the ASAN State Agency for Public Service and Social Innovations focused on participation of citizens in country's socio-economic development, plans to expand its operations and geography in 2020.
In addition to directions in the field of food and decorative crafts, the company implements the introduction of a third industry - the service sector, the source in ABAD told Trend.
In this case, at the initial stage, the focus will be on those who wish to own hostels, where among other things ABAD food will be supplied. The company's website is currently collecting a register and analyzing the ideas on this issue.
ABAD also plans to increase the number of sale points and centers across the country, thereby increase access to the company's services.
So, it is planned to open ABAD Food Halls in Kurdamir and Aghjabadi, and the Center for Ceramics and Applied Arts in Nardaran.
"In Tovuz district, where a new regional center and the third ABAD school are currently to be opened, it is planned to open a large ABAD Factory, which will mainly process and package plants. In Guba district, it is planned to open an enterprise for production of packaging and containers," ABAD said.
Regarding work with local state and private enterprises, which are allocated a budget for the development of various organizations, ABAD also noted the attraction of grants in the framework of traditional cooperation with international organizations such as the UNDP, the EU, TICA, and others.
"We are in search of new donors, sponsors. Investors contact us themselves, proposing ideas for their corporate social responsibility policy, because ABAD is a very good tool for investment, with the aim of helping micro-entrepreneurs," ABAD said.
The source also spoke about the people willing to participate in ABAD's family business initiative.
"The quantitative factor is not a priority. The principle of ABAD is quality training and appropriate support for participants," said the source.
The source said that if a participant succeeds, and tells his/her story of success, he/she must leave the program and free space for new participants.
"ABAD’s main purpose is to promote active participation of citizens in the socio-economic development of the country, help develop small and medium-sized businesses and with the employment rate of the population. Since 2016, ABAD promotes the formation of competitive households and directly participates in the implementation of socially-oriented projects," ABAD said.
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