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

5 more micro entrepreneurs awarded the Startup certificate 30.12.23

The Small and Medium Business Development Agency (KOBİA) awarded the Startup certificate to 5 more SMBs. Thus, the number of SMBs with Startup certificate reached 123.

Startup certificates were awarded to the following projects: Digital infrastructure security testing service of "Qarabug" LLC, online intermediary service for admission to universities of "UNINTURKEY" LLC, production of cotton loaders equipped with innovative reducers of "Metprof" LLC, platform and mobile application that optimizes the feeding process of "Alfa Hospitality" LLC, and online trading platform (marketplace) of "Trendbazar" LLC.

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

Micro and small business entities whose projects are still being developed are encouraged to apply to KOBİA for a Startup certificate. For the application form and other necessary documents, as well as detailed information on the relevant criteria, please visit the following link: https://smb.gov.az/az/nav/startap-sehadetnamesi