SMB

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

Attention to SMEs Interested in Collaborating with Oil and Gas Companies! An event dedicated to the 102nd anniversary of the birth of Heydar Aliyev was held at KOBIA Entrepreneurs’ Questions Regarding the 7th Grant Competition Addressed A Meeting Was Held with Female Inmates at Penitentiary Institution No. 4 of the Penitentiary Service A Memorandum of Understanding Signed Between KOBIA and the Belarusian Universal Commodity Exchange JSC The Path to Entrepreneurship – Take Your First Step into Business with the Self-Employment Program Attention to the SMBs with questions regarding the 7th Grant Competition Support from entrepreneurs to football clubs within the framework of Corporate Social Responsibility The 6th Meeting of the Azerbaijan–Saudi Arabia Joint Business Council Held in Riyadh Conference on "Constitution and Sovereignty – The Development of Entrepreneurship in Azerbaijan" Held

8 more SMBs have received the "Startup" certificate 29.11.24

The number of SMBs that received the "Startup" certificate has reached 182.

Yet another meeting of the Expert Council, established within the Small and Medium Business Development Agency (KOBİA) to award the "Startup" certificate, has been held.

During the meeting, 15 applications submitted by SMBs were reviewed, and subsequently it was decided to issue "Startup" certificate to 8 of them.

SMBs and projects that have received the "Startup" certificate are as follows:

- "Navimax" LLC - GPS tracking platform;

- Individual entrepreneur Ingilab Rzayev - "Bazardan" mobile application for the sale and delivery of agricultural products;

-"Firstit" LLC - Mobile application enabling subscriptions and cashback options for purchases at coffee shops, cafes, and restaurants;

- "Oenva" LLC - An online intellectual game platform;

- "EcoRide" LLC - An online platform for organizing courier delivery services;

- "Cyber security Platform" LLC - An online platform for developing practical skills in the field of cybersecurity.

- "E-imza" LLC - An online platform for preparing, digitally signing, storing, and managing electronic documents;

- “Mopsn” LLC – Mobile application for the sale of diverse services

Consequently, the number of SMBs that have received the "Startup" certificate has reached 182. The "Startup" certificate exempts SMBs from profit and income taxes for a period of 3 years, starting from the date they receive the certificate for the income generated from their innovation activities. Micro and small business entities in the project development stage are eligible to apply to the Small and Medium Business Development Agency (KOBİA) for the "Startup" certificate.

The application form, and the required documents, as well as the detailed information about the relevant criteria can be found at the following link:

https://smb.gov.az/az/nav/startap-sehadetnamesi