ABAD is a public legal entity to carry out socially oriented projects in Azerbaijan. This agency supports mainly helps family businesses. The acronym “ABAD” stands for "ASAN Support to Family Business" (Azerbaijani: Ailə Biznesinə ASAN Dəstək). ABAD is officially launched its activity under a decree of the president of the Republic of Azerbaijan Ilham Aliyev dated 23 September 2016. The idea actually started from ASAN. Abad is a governmental program for socio-economic development in the rural districts. Primarily it is designed for family businesses (small and medium enterprises) and raising the employment rate. More information...
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