SMB

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

Webinar has been arranged for SMBs seeking to present their projects for the 6th grant competition SMB products and services at the “Rebuild Karabakh” exhibition Attention, SMBs interested in the 6th grant competition details! KOBİA attended INSME Annual Meeting KOBİА discussed cooperation opportunities with chambers of commerce and industry in Istanbul "KOB FEST" exhibition-fair to be held in Khachmaz KOBİA hosts yet another citizen reception Additional 10 SMEs were granted the "Startup" certificate Preliminary training for the "Karabakh SMEs 2024" program has been completed Yet another "KOB FEST" exhibition-sale fair is underway in Zagatala

3 more SMBs Receive "Startup" Certification 09.08.24

To date, 164 SMBs have been awarded "Startup" certifications.

The Expert Council on Startup Certification at the Small and Medium Business Development Agency (KOBİA) held its latest meeting. During the meeting, 6 applications from SMBs were reviewed, and 3 of them were granted "Startup" certification.The certified companies include: "Cibpay" LLC, with its multifunctional online payment platform "Optima Business Solutions" LLC, with its online platform for electronic document management and signing "İxtisasSeç" LLC, with its platform facilitating the admission process for educational institutions.

With these additions, the number of SMBs holding "Startup" certification has reached 164.

The "Startup" certification exempts SMBs from profit or income tax on revenues derived from innovation activities for a period of 3 years from the date of receiving the certificate.

Micro and small enterprises with projects in the development stage are eligible toapply for "Startup" certification from KOBİA.To find out more about application forms, required documents, as well as detailed information about elibigility criteria, you may visit the following link: https://smb.gov.az/az/nav/startap-sehadetnamesi