Donor: BP Exploration (Caspian Sea) ltd. and co-ventures
Duration: October’ 2009 - June’ 2011
Outcomes and achievements:
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15 entrepreneurs expandED/set up their businesses due to the loan/leasing packages being offered;
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44 youths enhanced their business knowledge and capacities and successfully graduated from the apprenticeship courses;
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10 apprenticeship graduates were supported via JSEP grants to set-up their own businesses;
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30 entrepreneurs increased their service/processing or production portfolios by 20% thanks to the loan packages offered by the lending institutions;
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15 trade-masters, entrepreneurs (of the entities and the young graduates of the apprenticeship courses) were trained on business skills and safety;
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The 8 entrepreneurs developed their capacities to sustain, develop and manage their businesses with least or no dependence on BP/CIPs;
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23-25 business ideas (plans) were developed, 12 of them were supported (8 small fast-track demonstration or pilot and 4 second-stage micro-projects).