Today marks the fourth anniversary of ABAD’s establishment as a public legal entity.

 

ABAD (Simplified Support to Family Businesses) public legal entity run by the State Agency for Public Service and Social Innovations under the President of the Republic of Azerbaijan was established following the Presidential Decree dated 23 September 2016.

 

The main purpose on establishing the organization is to carry out socially-oriented projects aimed at ensuring the active participation of the citizens in the socio-economic life of the Republic of Azerbaijan, developing small and medium entrepreneurship, raising the employment rate of the population and supporting the formation of competitive family businesses in the country.

 

ABAD implements assistance projects for family businesses engaged in handcrafting and food production. Within the course of its activities, the organization regularly attracts investments for implementation of projects and has built numerous partnerships with both local and international organizations. It should be noted that along with the name of the producer family, an appropriate label indicating that the product is manufactured under the supervision of ABAD is placed on the products.

 

ABAD renders business planning, branding and design, financial accounting and legal assistance services to family households, as well as provides with equipment and conducts respective training courses. 

 

During the past period, ABAD has been functioning through 6 regional centres, including Masally, Balakan, Guba, Sheki, Imishli and Tovuz, 10 Ethno-boutiques (Icheri Sheher, Airport, Railway Station, Fairmont Baku Hotel, National Gymnastics Arena, ASAN Service No. 3, Centre in Masally “ASAN Life ”complex, Centre in Damirchi village-Shamakhi raion, Gabala raion - Tufandagh mountain ski resort, Sheki Ceramics and applied arts centre, 5 Food Halls (in Imishly, Sheki, Shamakhi, Kurdamir and Agjabedi), 8 ABAD in-stores in “Bravo” markets chain (Koroghlu, Babek, Ahmadli, 20 Yanvar, Ganjlik Mall, 28 Mall, Deniz Mall and Chocolate Tower), 22 production containers (10 in Masally and 12 in Balakan), two ABAD Factories (Guba ABAD Factory Production Complex and Tovuz ABAD Factory for Drying and Processing Plants) and two ABAD Schools (in Guba and Tovuz).

 

Up to date, more than 466 citizens received ABAD’s support and 419 of them have ongoing cooperation currently. As a result of ABAD's activities, 278 new business entities have been established, and currently, 401 individuals and 18 legal entities are supported. As a result of ABAD's commercial activities, thousands of goods made by ABAD members offered for sale including handicrafts and food products. 

 

In the near future, it is planned to open Guba ABAD Factory 2 (Packaging and Production Complex), Nardaran Ceramics and Applied Arts Center, increase support and the number of ABAD members.