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

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.