We believe Azerbaijan’s socio-economic development is closely linked with entrepreneurship and its future development!
Interest in SME Houses as an innovative model in the field of business services is increasing Additional 55 people were engaged in training within the framework of the “Karabakh SME 2026” project More than 312,000 services were provided to entrepreneurs in SME Houses in the first half of 2026 Applications of entrepreneurs were considered at KOBİA In the first half of 2026, the KOBİA Call Centre via number 131 responded to approximately 5,000 enquiries The next meeting within the framework of the "Investment Journey" project was held in the city of Aghsu Business projects that have received the "Startup" Certificate are developing More than 50 meetings with entrepreneurs were organised in the first half of 2026 Another meeting with entrepreneurs was organised in the city of Mingachevir A production enterprise for test kits and medical plastic packaging products will be established
Applications for EY World Entrepreneur of the Year Award are now closed 01.02.21
Applications for EY World Entrepreneur of the Year Award are now closed

Submission of applications  for EY World Entrepreneur of the Year Award to be held for the second year in Azerbaijan is now completed. The initiative by the strategic partnership of the Small and Medium Business Development Agency of the Republic of Azerbaijan (SMBDA) is carried out in sponsorship with BP and the International Bank of Azerbaijan and in supported by the consulting company "Ekvita". 

The winner will be selected by an independent jury consisting of representatives of the business community, top managers of state companies and international financial institutions, and will be announced to the public in the coming months. 

It should be noted that applications for EY World Entrepreneur of the Year Award 2020-2021 was announced in September 2020 and the application deadline was extended to January 31, 2021. Small and medium businesses can participate in the contest. The winner of Azerbaijan will represent our country in EY World Entrepreneur of the Year Award to be held in June. 

More on "Business Azerbaijan" program on Public Television.


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