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ECONOMY & SOCIETY: OUR AILM IS TO DEVELOP SUCCESSFUL BUSINESS IN KARABAKH

Date: 09-21-2007
Source: Karabakh Open
Author:

The Turpanjian Center for Policy Analysis at the American University of Armenia carries on the rural development program in Karabakh. The program focuses on education of rural entrepreneurs in Karabakh.

According to the director of the Turpanjian Rural Development Program Mr Tonoyan, the applicants in the first stage are aleady attending courses. 9 from Shushi and 4 from Ashan, Badara, Chartar and Mets Taghlar will be taught how to run small and medium-sized businesses in small communities in accordance with international standards. The rural entrepreneurs are going to set up guestrooms in their communities, and the entrepreneurs from Shushi are going to open a pharmacy, an apiary, and service stations.

According to the director of the program, the second stage starts in November, and the date of submission of applications will be announced. The applicants will answer three questions: what kind of business they want to set up, how it will affect life in their community and how much money they need to set up business.

Mr. Tonoyan says the board of trustees of the Turpanjian fund will study the answers of the applicants, and lend money to the selected projects.

Our aim is to develop successful businesses in Karabakh other than cattle breeding and crop farming, businesses which offer quality service, says the director of the program. According to him, it will help attract tourists to rural areas


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