SMB

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

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 With the support of KOBİA, Azerbaijani entrepreneurs' products were showcased at the "MÜSİAD EXPO" and "Halal Expo" exhibitions Yet another meeting of the sub-group on Environmental, Social, and Corporate Governance (ESG) standards was held 8 more SMBs have received the "Startup" certificate

3 SMB Development Centers will be commissioned for entrepreneurs 18.08.20

One of the main activities of the Small and Medium Business Development Agency (SMBDA) is to expand access to knowledge and innovation for micro, small and medium entrepreneurs.

For this purpose, 3 new SMB development centers will be launched in Baku and Sumgayit, Yevlakh region in the coming days.

At present, appropriate measures are being taken to organize the activities of the centers.

Free support for those wishing to start a business in SMB development centers in Baku, as well as in Absheron and Aran economic regions, micro and small businesses in the organization of business-oriented trainings and seminars, consulting services, participation in internship programs, information and awareness activities, directing business ideas to existing financial resources and services will be provided.

It should be noted that the first SMB Development Center was established in Khachmaz. More than 120 SMBs have benefited from the training and consulting services of the Khachmaz SMB Development Center, which has been operating since February 2020. So far, the center has funded the business ideas of 4 entrepreneurs, supported the creation of 4 new SMBs and 5 LLCs.