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

Applying the PPP model in Azerbaijan was discussed 06.07.21

The public-private partnership (PPP) model is widely used around the world and important for attracting private investment, implementing innovations, and effective governance. The Small and Medium Business Development Agency (SMBDA) attaches great importance to studying and applying international experience in this area in our country. The Agency's Public-Private Partnership Development Center collaborates with Turkey’s Istanbul Public-Private Partnership (PPP) Center of Excellence, which has extensive experience in this field. In the past, in Azerbaijan, with the support of the Istanbul PPP Center, a number of training and informative events have been arranged with the participation of relevant governmental structures.

On July 6, the Chairman of the SMBDA Board Orhan Mammadov met with the head of the Istanbul PPP Center of Excellence Eyup Vural Aydin. During the meeting, the parties exchanged views on the current partnership and expansion of ties between the Agency and the PPP center, and the implementation of joint initiatives. It was noted that Azerbaijan had wide opportunities to expand the use of the PPP mechanism. The PPP model can also be applied in the restoration of economic and social infrastructure in the territories liberated from occupation.