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Azerbaijan surpasses self-employment targets through World Bank partnership
More than 24 thousand people in Azerbaijan have successfully
established their own small businesses under the “Employment
Support Project,” implemented by the Ministry of Labor and Social
Protection of the Population with financial support from the World
Bank, Azernews reports.
The project is part of the government’s broader effort to reduce
unemployment, promote self-employment, and support economic
diversification across the country.
The main goal of the project is to help vulnerable
groups—including people with disabilities, members of martyrs’
families, low-income households, and unemployed individuals—gain
access to resources and guidance for starting small businesses in
the production and service sectors. By the end of 2025, the number
of participants is expected to exceed 26 thousand, surpassing the
initial target of 22 thousand.
Participants receive comprehensive training programs developed
in accordance with International Labor Organization standards.
These programs cover financial literacy, proactive entrepreneurial
thinking, business planning, and management skills. In addition,
those who successfully grow their businesses under the project are
provided with further support to expand operations, ensuring
sustainability and long-term impact.
The international significance of the project was highlighted
last year when it received recognition from the World Bank Vice
President for Europe and Central Asia, reflecting Azerbaijan’s
commitment to supporting entrepreneurship and creating inclusive
economic opportunities.
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