SMB

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

The role of SMBs in the Transition to the Green Economy Within the framework of COP29, a panel discussion was held on the topic “The Role of SMBs in the Green Economy” KOBİA and the "Invest Bulgaria" Agency to collaborate Within the framework of COP29, the documents for collaboration were signed to support the green transition of SMBs Representatives of the International Trade Centre (ITC) paid the visit to "Baku SMB House" A conference was held regarding the presentation of unified platform and the national standard for ESG A national standard on Environmental, Social, and Corporate Governance (ESG) has been adopted "KOB FEST" exhibition-sale fair held in Khachmaz A business plan – the key to successful and sustainable business "From Us to Business" startup competition is underway

A seminar was conducted on the theme of "Transforming SMBs towards a Green Economy and Green Finance" 01.05.24

The seminar offered insights into the significance of green development for SMBs, guidance on crafting a green transition strategy, methods for environmental risk management, integration of climate considerations into investment decisions, and highlighted exemplary practices.

With the support of the Small and Medium Business Development Agency (KOBİA), the seminar was conducted at the Baku SMB House, focusing on the transition of SMBs into a "green economy" and "green finance".

The event garnered attendance from over 20 representatives spanning public and private sectors, including financial institutions with a focus on the SMB sector.

During the seminar, the national and international experts from the Asian Development Bank provided information on the importance of green development for SMBs, preparation of green transition strategies, environmental risk management, integration of climate change issues into investment decisions, presented best practices and replied the questions addressed by participants.

It's important to highlight that the seminar was organized with the objective of enhancing the capacity of stakeholders within the SMB sector, aligning with the theme of the "The Year of Solidarity of the Green World" as proclaimed in our country, and on the eve of the COP29 event to be held in Baku.