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We believe Azerbaijan’s socio-economic development is closely linked with entrepreneurship and its future development!
"A meeting was held with the students, the members of “Young MÜSİAD Azerbaijan” KOBİA presents the "green SMB" concept at the International Caspian Oil and Gas Exhibition Results of the 5th grant competition announced for funding the projects of SMBs have been disclosed. A conference on the significance of ESG (Environmental, Social, and Governance) principles in transitioning to green economy, with participation of both the public and private sectors, was held KOBİA offers comprehensive support and services to aspiring entrepreneurs intending to establish businesses in the newly liberated territories, as reported by “AZERTADJ” Within the framework of the visit of KOBİA representatives to Vietnam, our businessmen signed a series of documents on cooperation An exhibition-sale fair is underway in "Icheri Sheher" The Conference will be held on the topic "Importance of ESG principles in the transition to a green economy" Public meeting was conducted to discuss the potential impact of the Competition Code on the business environment Next meeting with entrepreneurs was held by KOBİA in Goranboy district
Applications continue to be accepted for the "Power of Women in Business" project 10.11.22
Applications continue to be accepted for the "Power of Women in Business" project

Applications for the "Power of Women in Business" project initiated and organized by the Small and Medium Business Development Agency (KOBİA) and Rabitabank JSC in partnership with the National Confederation of Entrepreneurs (Employers) Organizations of the Republic of Azerbaijan and the Association for the Development of Women's Entrepreneurship in Azerbaijan (AQSİA) continue to be accepted.


Female entrepreneurs-SMEs in various fields (food, textiles, tourism, education and others) are applying for the project, which started on October 17. Female entrepreneurs operating in the regions are more interested in participating in the project.


An educational session with 60 women in attendance was organized in the Gakh region as part of the programme.


It should be noted that the "Power of Women in Business" project aims to increase the role of female entrepreneurs in the national economy, to boost their business activity, to foster relationships aimed at advancing education, and broadening access to financial resources with preferential treatment. The project covers the period from October 2022 to March 2023. The top 3 projects submitted by female entrepreneurs who participate in the project implementation process will be chosen at the project's conclusion, and the winners will receive cash awards to help grow their enterprises (1st place 5000 AZN, 2nd place 3000 AZN, 3rd place 2000 AZN). At the same time, trainings, production experience, "networking" events will be organized for female entrepreneurs as part of the project.


Applications for the project will be accepted through December 9, 2022, at 18.00. Female entrepreneurs interested in taking part in the project can visit the following link to submit an application: https://bit.ly/3iGusBu


For additional information: Aygun Ahmadova, e-mail: aygun.ahmadova@smb.gov.az, phone: (+994) 55 792 24 26.

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