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" (). 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.

Aims of Agency

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.

ABAD (statutory corporation)

Objectives

The main purpose on establishing the organization is the implementation of socially-oriented projects aimed at ensuring the active participation of the citizens in the social-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 (statutory corporation)

Services provided

Abad is an agency which interacts with business helping its development at every stage. One of the first projects of the agency is the ceramic center in Shaki.

ABAD (statutory corporation)

Services include accounting, design, marketing planning, legal assistance, branding, organizing logistical chain.

Nowadays, UNDP is giving financial support from the EU through ABAD agency. The project has elaborated 44 target families, where 22 of them successfully received financial aid. Overall planned investment is US$1074000.

Spheres of interactions

Mainly ABAD is interacting with decorative and applied folk art such as:

Carpet weaving

Copper smiting

Carved crafts

Lattice work

Ceramics

Pottery

Vitrage and Painting

Souvenirs

Dolls

Toys

Jewelry

Accessories

Kelaghai

Millinery

Decoupage

Also with food production:

Meat products

Preserves

Dairy

Honey

Dried fruits

Drinks

Vegetable products

Centres

ABAD has three regional centres (in Masally, Balakan, Quba), seven sales centres (five in Baku, one in Qabala and one in Shamakhi), two ceramics centres (in Shaki and Nardaran), and one ABAD School (in Quba).

International workshop

On 20 May, the first international symposium on ceramics was held in Baku at “ABAD” Ceramics and Applied Art Center. Along with Azerbaijan, 25 international ceramists from 14 foreign countries attended the two-week international symposium.

References

External links

Official site

Government-owned companies of Azerbaijan

Azerbaijani companies established in 2016