SMB

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

Attention to SMEs Interested in Collaborating with Oil and Gas Companies! An event dedicated to the 102nd anniversary of the birth of Heydar Aliyev was held at KOBIA Entrepreneurs’ Questions Regarding the 7th Grant Competition Addressed A Meeting Was Held with Female Inmates at Penitentiary Institution No. 4 of the Penitentiary Service A Memorandum of Understanding Signed Between KOBIA and the Belarusian Universal Commodity Exchange JSC The Path to Entrepreneurship – Take Your First Step into Business with the Self-Employment Program Attention to the SMBs with questions regarding the 7th Grant Competition Support from entrepreneurs to football clubs within the framework of Corporate Social Responsibility The 6th Meeting of the Azerbaijan–Saudi Arabia Joint Business Council Held in Riyadh Conference on "Constitution and Sovereignty – The Development of Entrepreneurship in Azerbaijan" Held

184 commercial disputes were resolved positively in the mediation centre located in “Baku SMB House” 18.03.24

Entrepreneurs may apply to the mediation centre located in “Baku SMB House” to resolve commercial disputes without filing a complaint with a court.

Business entities may apply to the mediation centre located in “Baku SMB House” as part of cooperation between Small and Medium Business Development Agency (KOBIA) and Mediation Centre in order to resolve mutually and amicably the disputes arising from entrepreneurial activity without any recourse to court.

The majority of applications received by the mediation centre located in “Baku SMB House” on commercial issues in 2023 have been resolved in a positive way through mediation without taking legal action. So, an amicable adjustment was signed among parties on 184 commercial issues received by the mediation centre located in “Baku SMB House” in previous year.

Note that mediation is an alternative solution of disputes by neutral, independent and disinterested third parties until applying to the court. The mediation is also an effective solution method based on voluntary application of parties to resolve the commercial issues. The solution of business issues through mediation prevents time loss, additional expenses and spread of commercial secret.