SMB

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

Winners of the Startup Competition Held Within the Framework of the Islamic Development Bank Group Annual Meetings Announced HELF and AZHAB Forums Held in Baku During the 51st Annual Meetings of the Islamic Development Bank Group Startup Competition Launched Within the Framework of the IsDB Annual Meetings HELF/AZHAB Forum 2026 to Be Held Within the Framework of the IsDB Group Annual Meetings in Baku A meeting with entrepreneurs was held in the Khizi district For the attention of micro and small entrepreneurs wishing to present their products and services at the “Local Companies Promotion Exhibition!” ANNOUNCEMENT An online meeting of the Management Board of the CICA Business Council was held What is the support amount paid for conducting an internal market study and on what basis is this amount determined? The appeals of entrepreneurs from the Gazakh–Tovuz economic region were heard

3 more SME entities were issued Startup certificates 21.04.22

The Small and Medium Business Development Agency (KOBİA) has issued Startup certificates to 3 more SMEs. Thus, the number of SME entities that have received a Startup certificate has reached 39.

Startup certificates were issued for the organization of the knowledge contest (via web and mobile application) of Setup LLC, mobile application for ordering trucks of Smart Logistics 2021 LLC, organization of collection and recovery of lithium-ion batteries of Sakuraz Green Energy LLC.

The Startup Certificate exempts SMEs from income and profits tax on their income from innovation activities for a period of 3 years from the date of receipt of the certificate.

Micro and small businesses whose projects are under development can apply to KOBİA for a Startup Certificate. Detailed information on the application form and other necessary documents, as well as the relevant criteria can be found at the following link: https://smb.gov.az/az/nav/startap-sehadetnamesi