SMB

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

Attention, SMBs interested in the 6th grant competition details! 16.10.24

An online event is set to take place to provide SMBs with insights into the grant competition and address their inquiries.

On October 18, at 11:00 AM, an online informational session regarding the 6th grant competition aimed at financing initiatives in education, science, research, and support for small and medium-sized enterprises, organized by the Small and Medium Business Development Agency (KOBİA), is to take place.

The goal of this session is to inform SMBs about the requirements for the 6th grant competition, the essential documents, the application procedure, and the evaluation process for projects, as well as to clarify other inquiries that may garner SMBs’ interest.

SMBs are welcome to join the webinar by accessing the link provided below:

https://us06web.zoom.us/j/83023136086?pwd=69mcPDjXDYTLZFbHtjPNmBYg4QGQzv.1

Meeting ID: 830 2313 6086

Passcode: 792794

Please note that the deadline for the competition announced by KOBİA for financing projects in education, science, research, and developmental support related to micro, small, and medium enterprises will remain open until 6:00 PM on October 23, 2024.

Applications for the competition can be submitted electronically (info@smb.gov.az) or in written form directly to the Agency (Baku city, Ziya Bunyadov 38C, neighborhood 1969, “Baku SMB House”). The grant amount for each project in the competition can reach up to 20,000 manats. For additional details regarding the competition: https://bit.ly/40pm5y3