SMB

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

Winners of the Startup Competition Held Within the Framework of the Islamic Development Bank Group Annual Meetings Announced HELF and AZHAB Forums Held in Baku During the 51st Annual Meetings of the Islamic Development Bank Group Startup Competition Launched Within the Framework of the IsDB Annual Meetings HELF/AZHAB Forum 2026 to Be Held Within the Framework of the IsDB Group Annual Meetings in Baku A meeting with entrepreneurs was held in the Khizi district For the attention of micro and small entrepreneurs wishing to present their products and services at the “Local Companies Promotion Exhibition!” ANNOUNCEMENT An online meeting of the Management Board of the CICA Business Council was held What is the support amount paid for conducting an internal market study and on what basis is this amount determined? The appeals of entrepreneurs from the Gazakh–Tovuz economic region were heard

Acceptance of applications for the project "Development of entrepreneurship and self-employment in rural areas" has begun 10.01.22

İn 2022 in Guba, Gusar, Khachmaz, Sheki, Zagatala, Gakh, Lankaran, Astara and Lerik districts, which have high tourism potential new business entities in the field of rural tourism will be established under the "Development of entrepreneurship and self-employment in rural areas" project.

The project, implemented with the support of the Small and Medium Business Development Agency (SMBDA), the State Employment Agency under the Ministry of Labor and Social Protection and the State Tourism Agency, envisages the establishment of 50 more businesses in these regions. For this purpose, after the selection of suitable candidates for the project, citizens will be involved in professional trainings to acquire relevant knowledge in the field of tourism and services, the area to be used as a tourist facility will be repaired and equipped.

Citizens wishing to engage in rural tourism in Guba, Gusar, Khachmaz, Sheki, Zagatala, Gakh, Lankaran, Astara and Lerik districts can apply until January 28, 2022. Registration link: https://forms.gle/m7dpQKdS5Lypft6a8

It should be noted that the project "Development of entrepreneurship and self-employment in rural areas" is implemented to develop rural tourism, create new businesses, ensure self-employment and improve the welfare of local communities. The project was implemented for the first time in Buynuz, Khanagah, Topchu, Tazakend, Sumaganli villages and Lahij settlement of Ismayilli region with the support of SMBDA and the State Employment Agency, organized by “Odlar Yurdu” Youth Public Union. As part of the project, 15 village guest houses were established in Ismayilli, and about 300 villagers were informed about entrepreneurship and self-employment opportunities. Thus, about 40 women and young people from 15 families were employed. Rural guest houses, which provide hospitality services to local and foreign tourists, contribute to the growth of income and employment of residents, the development of entrepreneurship in the region.