SMB

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

Today International Day of Micro, Small and Medium-sized Enterprises is marked An exhibition showcasing products and services from over 150 domestic companies is currently underway. The product of artificial intelligence for intelligent search has been developed in Azerbaijan. The "Investment Journey" event took place this time in the city of Sheki Meeting with Students of Baku Business University The "Advertising Exhibition of Local Companies" launches Importance of applying Environmental, Social, and Corporate governance principles for business Exhibition-sale fairs will be held in the regions of the country A document was signed between KOBİA and the Belarusian Chamber of Commerce and Industry The number of entities awarded with the "Startup" certificate has reached 151

A meeting was held between SMBDA and TESK 02.11.20

Chairman of the Small and Medium Business Development Agency of the Republic of Azerbaijan (SMBDA) Orkhan Mammadov met with Head of Confederation of Turkish Tradesmen and Craftsmen Bendevi Palandoken.

Noting Turkey’s experience and success in the sphere of small and medium business, O.Mammadov said that this sphere is in the center of attention of the state in Azerbaijan. In addition, he briefed about state support measures provided to SMBs in general and during the pandemic, as well as work carried out by SMBDA in this area. Likewise, the successful cooperating of Agency in the field of small and medium business with relevant institutions in Turkey was emphasized. It was noted that Azerbaijan has public associations of entrepreneurs in various sectors, as well as a Public Council consisting of 15 non-governmental organizations and business associations within the framework of SMBDA and the importance of them in the organization of SMBs.

Chairman of the Agency stressed serious consequences over Armenian military provocations against Azerbaijan, its civilians, civilian infrastructure and entrepreneurs. In addition, he expressed his regrets about the earthquake in Izmir.

At the meeting, joint initiatives on implementation of joint projects with TESK and business associations in the regions of the country, including projects in the field of social entrepreneurship, study of TESK experience in the creation of a register of small entrepreneurs and support of the activities of SMBs were discussed.