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

A meeting of young entrepreneurs of Azerbaijan and Turkey took place 22.05.24

The role of the young entrepreneurs in the development of Azerbaijan-Georgia relationships and new cooperation directions were discussed within the event.

A joint Azerbaijani-Turkish cooperation meeting for young entrepreneurs was organized by the Small and Medium Business Development Agency (KOBİA) and the Azerbaijan Youth Foundation at the "Baku SMB House."

The event began with the national anthems of Azerbaijan and Turkey, followed by a moment of silence in honor of the martyrs.

Attended by over 90 young entrepreneurs from Azerbaijan and Turkey, along with representatives from youth organizations and relevant government agencies, the event aimed to bolster the role of young entrepreneurs in enhancing Azerbaijani-Turkish relationships and forging new partnerships.

Within the framework of the event, Mr. Orxan Mammadov, the Chairman of KOBİA's Management Board, and Mr. Gadir Khalilov, Executive Director of the Azerbaijan Youth Foundation, highlighted the successful development of Turkish-Azerbaijani relations across various fields, including the economy, trade, and business sectors, which began with the philosophy of the Great Leader, Mr. Heydar Aliyev's "One nation, two states" and has continued under the leadership of the current President of the Republic of Azerbaijan, Mr. Ilham Aliyev. They shared ideas on the active participation of young people, especially young entrepreneurs, in this process and the expansion of cooperation among them.

Abdulla Uchan, Head Director of the Youth Council of the Anatolian Lions Businessmen Association, provided insights into the activities and partnership opportunities for Turkish businessmen, particularly young entrepreneurs, in Azerbaijan.

Furthermore, presentations were delivered on the initiatives and projects implemented by KOBİA and the Azerbaijan Youth Foundation, encouraging young entrepreneurs to actively engage in these programs.

The event concluded with B2B meetings, where Azerbaijani and Turkish entrepreneurs explored opportunities for expanding relations and collaborating on initiatives in sectors such as alternative energy, chemistry, construction, food industry, marketing, e-commerce, mining industry, and textiles.