SMB

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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 A service desk of the Ministry of Agriculture has started operation at the Khudat Service Center of the “Khachmaz SME House”

Accepting documents for participation in the competition announced in connection with funding the SMBs’ projects is completed 19.03.21

Accepting documents for participation in the competition announced by the Small and Medium Business Development Agency (SMBDA) in connection with funding education, science, research, and support projects of micro, small, and medium businesses has ended.

Despite the competition was held for the first time, it aroused great interest among SMBs who submitted a lot of projects. At the next stage, the projects meeting the requirements will be estimated by the Expert Commission. The projects shall be estimated based on their impact on the development of micro, small and medium businesses, innovation, the sound idea, the possibility of practical use, the availability of the experience and material and technical base required to implement the project, and other similar factors.

The competition results will be posted on the official SMBDA website www.smb.gov.az after April 19, 2021.

SMBs that have failed to take part in the competition will be able to participate in the next competition, which is supposed to be held during the year.

Note that the first competition for funding education, science, research, and support projects of SMBs is held according to the Guidelines approved by the Cabinet of Ministers on September 30, 2020. Detailed information on the competition can be obtained on the Agency's website (https://bit.ly/3oZx4HZ) and through the Call Center (012) 404 04 01 or 131.