SMB

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

Next reception of citizens held at KOBİA What events will be organized for entrepreneurs in August? “Ganja SME House” provided entrepreneurs with more than 2,000 kinds of services during the first three months of activity Memorandum of Understanding on cooperation signed between KOBİA and the Turkish Trade Center SME cluster companies create new cooperation opportunities for entrepreneurs Business contracts Applications of entrepreneurs have been heard Interest in the "SME Volunteers" Programme continues to increase Training events are being conducted within the framework of the Business Partnership Programme 35 "Startup" Certificates have been issued during the elapsed period of the current year

A memorandum on the green transition of SMBs signed between KOBİA and the Asian Development Bank 06.12.24

The document outlines joint cooperation to support the implementation of green initiatives by SMBs, enhance their capabilities in this field, and improve their access to green financing.

The Small and Medium Business Development Agency (KOBİA) and the Asian Development Bank (ADB) have signed a Memorandum of Understanding on the green transition and green development of SMBs in Azerbaijan. The document was signed by Orhan Mammadov, Chairman of the Management Board of KOBİA, and Sunniya Durrani-Jamal, Head of ADB's Resident Mission in Azerbaijan. The Memorandum envisages ADB's support for the "Baku Climate Coalition Declaration for the Green Transition of SMBs" proposed by KOBİA, the issues highlighted in the declaration and the joint implementation of activities aimed at facilitating the green transition of SMBs. For this purpose, the memorandum emphasizes facilitating green initiatives by SMBs, enhancing their capabilities in this field, providing joint support for access to green financing, and cooperating on measures to analyze the regulatory framework supporting the green transition of SMBs.

During the meeting conducted between the parties, the green transition of SMBs, opportunities for collaboration between KOBİA and ADB in the SMB sector, as well as issues arising from the memorandum were discussed.