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We believe Azerbaijan’s socio-economic development is closely linked with entrepreneurship and its future development!

EY Azerbaijan officially announces the start of the ‘EY Entrepreneur Of The Year’ 2021-2022 competition A new production cooperative created in Aghdash Opportunities for cooperation between “Ziraat Bank Azerbaijan” and SMBDA have been discussed The startup competition “From idea to successful business” has started SMBDA to cooperate with the Serbian Development Agency Entrepreneurs were informed of the GSP export program Secretary-general of the Islamic Chamber of Commerce, Industry, and Agriculture visited SMBDA Training for SMB friends was held New campaign of the Kobmarket.az online sales platform An SMB friend started operating in the Tartar region

The startup competition “From idea to successful business” has started

The startup competition “From idea to successful business” has started as part of the project "Support for the development of entrepreneurship in rural areas of Azerbaijan", funded by the European Union and implemented with the support of the Small and Medium Business Development Agency (SMBDA) and “Ekvita”.

The competition is aimed at identifying the most successful startups and their potential in the regions of Azerbaijan. Herewith, the competition's purpose is to support new business ideas, creating and developing products and services in Azerbaijan.

Startup projects submitted for the competition will be evaluated by local and foreign experts. The three winners will be awarded cash prizes and supported in establishing business contacts for the development of the startups presented.

As micro and small business entities, the winners of the startup competition “From idea to successful business” will also be able to apply to SMBDA for a “Startup” certificate. Note that the “Startup” certificate exempts SMBs from income tax and tax on income from innovation activity for 3 years from the date of receiving the certificate.

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