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 survey among 6000 SMBs was conducted last year 17.01.20

In 2019, the Small and Medium Business Development Agency (SMBDA) conducted 15 surveys among micro, small and medium businesses (SMBs).

Surveys conducted among SMBs operating in Baku and regions of the country cover fields such as connection to the electricity grid, the reforms in the judicial system, issuance of construction permits,corporate governance in companies, identification of needs of entrepreneurs for training, professions and specialties, reforms to improve the business environment, import-export operations, and self-employment.

About 6,000 SMBs participated in surveys to study the needs and proposals of SMBs and identify the challenges they face. Answers for over 180 questions were received, summarized and analyzed, to presently undertake relevant measures.