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 SMBs awarded "Startup" certificate 10.04.23

So far, more than 90 micro and small business entities have been awarded a "Startup" certificate, which exempts them from profit and income tax on the income from innovation activities for a period of 3 years.

The "Startup" certificate was granted to 5 more micro and small business entities. As a result, 91 SMBs have received the "Startup" certificate.

The Small and Medium Business Development Agency (KOBİA) awarded "Startup" certificates respectively "Blink-Bİ" LLC for “Blink Business Intelligence” Enterprise Resource Planning software, “ND Opinions” LLC for “Autoreport” secondhand car database, “Frisaga” LLC for its online platform for those who offer services in the fields of tourism and travel, “BlackOne” LLC for its product and service online platform, and “BJ Technology” LLC for its projects of production and sale of “HPLC” columns used in the laboratory.

The "Startup" certificate exempts SMB entities from profit and income tax on their income from innovation activities for a period of three years from the date of receipt of the certificate.

Micro and small business entities whose projects are being developed are encouraged to apply to KOBİA for a "Startup" certificate. The application form and other required documents, as well as detailed information about the relevant criteria, can be found at the following link: https://smb.gov.az/az/nav/startap-sehadetnamesi