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

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.