SMB

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

The results of the startup competition "From us to business" have been announced Rwandan delegation got acquainted with activities of the "Baku SMB House" "Investment journey" event took place in Masalli The most active entrepreneurs of 2024 have been awarded A citizen reception was held at KOBİA Results of the 6th grant competition announced for financing projects by SMB entities have been disclosed A memorandum on the green transition of SMBs signed between KOBİA and the Asian Development Bank Business forum conducted within the framework of the project "Increasing attractiveness of the Shamakhi district for private Investments" New Startups Contributing to Digitalization The 9th "KOB Fest" exhibition -sales fair is underway in Göyçay

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