ABAD public legal entity, the Entrepreneurship Development Fund (EDF) under the Ministry of Economy, and "Yelo Bank" OJSC are up to support the creation and expansion of family farms and finance the investment projects of ABAD members at the expense of state concessional loans.

ABAD aimed at carrying out socially-oriented projects aimed at ensuring the active participation of the citizens in the socio-economic life of the Republic of Azerbaijan by developing micro, small and medium entrepreneurship, raising the employment rate of the population, and supporting the formation of competitive family businesses in the country.

For the purpose of forming and developing family farms through ABAD centers, ABAD members are rendered with services such as business planning, consulting, marketing, branding, design, accounting, and legal assistance, as well as, logistics and organization of the sales. Providing concessional loans to ABAD members by EDF through authorized credit organizations is the next support mechanism of ABAD.

Thus, within the course of June-July 2022, EDF allocated 110 thousand manats of concessional credit funds for the purpose of financing three investment projects belonging to ABAD members. "Yelo Bank" OJSC acted as an authorized credit organization in granting those loans to entrepreneurs. These financed projects serve the development of horticulture, beekeeping, and animal husbandry.

Joint cooperation will contribute to facilitating the access of ABAD entrepreneurs to financial resources, increasing the competitiveness of family farms, as well as the employment level of the population, especially the development of micro, small and medium enterprises in the country.