Another opportunity for participants of the “Employment Support Project” to expand their businesses

The next "Incentive Awards" competition has been launched

The Ministry of Labour and Social Protection of Population with financial support from the World Bank has launched the next "Incentive Awards" competition for the participants of the "Employment Support Project" to present business awards.

The goal of the competition is to provide support for participants who between 2020 and 2024 established small businesses in production and service sectors with equipment provided under the project, and now seek to expand their businesses.

The "Incentive Awards" competition is open to individuals who have established small businesses with equipment under the "Employment Support Project" across all cities and regions of the country.

• The requirements for participants in the competition are as follows:
• Must be a registered taxpayer;
• Must successfully complete the first-year business plan under the self-employment program;
• Must have fully complied with all legal and tax requirements in the last 12 months and must not have any penalties.;
• They must currently be engaged in business activities in the chosen economic sector.

Beneficiaries who meet the above criteria will receive support from the Small and Medium Business Development Agency (KOBİA) in preparing their business plans.

Those who defend their business plans successfully will receive additional equipment to expand their operations. Each beneficiary can benefit from this competition only once.

Individuals interested in participating in the competition can register via the link: https://survey.sosial.gov.az/index.php/937811?lang=az

The deadline for application is March 11, 2025.

For further information, you can contact the Regional Employment Branches of the State Employment Agency or the DOST Centers under the Ministry of Labour and Social Protection of Population.