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

ADB is interested in private sector financing in Azerbaijan 05.02.20

The Small and Medium Business Development Agency (SMBDA) of the Republic of Azerbaijan held a meeting with the Asian Development Bank (ADB) private sector financing mission visiting our country.

At the meeting, the information was provided on the state support mechanisms for small and medium businesses (SMBs), as well as the activities of SMBDA, implemented projects and programs, and it was highlighted that expanding the SMBs' access to financial resources is one of the Agency's priorities. At the meeting, exchange of views was held on the improvement of existing financing mechanisms, creation of new innovative and alternative financing mechanisms and the prospects for cooperation and possible joint projects were discussed.