SMB

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Investment opportunities expand: the investment promotion mechanism now covers 17 strategic directions The territories liberated from occupation provide extensive opportunities for investors A blood donation campaign dedicated to Remembrance Day was held Delegation of representatives of the RIYADA organization from Oman visited “Baku SME House” Volunteer blood donation campaign will be held Entrepreneurs can apply to SME Houses to obtain licenses KOBİA representatives participated in an international seminar held in Turkey The next meeting of the permanent Coordination Group operating under KOBİA was held The next professional trainings within the framework of the “Karabakh SMEs 2026” project have been completed The provision of consulting services for entrepreneurs continues

A new production cooperative created in Aghdash 10.09.21

Production Cooperative “Aran” has been established in Yenija village of the Aghdash region with the support of the Small and Medium Business Development Agency (SMBDA) and the Ministry of Agriculture.

The cooperative consists of 5 farms operating in the field of agriculture and covers an area of 57 hectares. It is planned to plant crops on the land plot belonging to the cooperative, including a pomegranate garden on 15 hectares, and grain, corn, rice, and clover on 42 hectares.

In the course of preparing the appropriate documents and registering the "Aran" Production Cooperative, the Goychay-Aghdash SMB Development Center (SMBDC) provided the necessary information and consulting services, legal assistance, as well as information on cooperatives and tax legislation.

SMBDA and the Agency’s regional structural units – SMB Development Center and SMB friend – will continue to provide the “Aran” Production Cooperative with the necessary assistance.

Note that creating agricultural cooperatives allows more efficiently using available resources (land, property, etc.), which increases the income of farmers by reducing costs. Cooperatives are also important in terms of attracting large investments in the economy, increasing the production of competitive products, expanding access to foreign markets, and promoting clustering in the agricultural sector.