SMB

We believe Azerbaijan’s socio-economic development is closely linked with entrepreneurship and its future development!

Startup Competition Launched Within the Framework of the IsDB Annual Meetings HELF/AZHAB Forum 2026 to Be Held Within the Framework of the IsDB Group Annual Meetings in Baku A meeting with entrepreneurs was held in the Khizi district For the attention of micro and small entrepreneurs wishing to present their products and services at the “Local Companies Promotion Exhibition!” ANNOUNCEMENT WUF13 Hosts Awareness Event for Entrepreneurs The project “Women Entrepreneurs in Successful Partnership” has been completed Growing role of women in business: from state support to sustainable development Rwandan Delegation Familiarized with the SMB House Model A survey is being conducted among startups

Azerbaijan–Vietnam Business Council to Be Established 08.05.25

A Memorandum of Understanding has been signed between the Small and Medium Business Development Agency of Azerbaijan (KOBIA) and the Vietnam National Association of Entrepreneurs (VINEN) to formalize the establishment of the Azerbaijan–Vietnam Business Council.

The initiative aims to foster deeper economic and business relations between Azerbaijani and Vietnamese entrepreneurs. The signing ceremony took place at the “Baku SMB House” as part of the official visit of H.E. To Lam, General Secretary of the Central Committee of the Communist Party of Vietnam, to Azerbaijan.

The Memorandum was signed by Orkhan Mammadov, Chairman of the KOBIA Board, and Dinh Viet Hoa, President of VINEN.

The Azerbaijan–Vietnam Business Council will support entrepreneurial initiatives in both countries, facilitate business-to-business connections, promote mutual visits and joint events, and enable the exchange of information beneficial to the development of bilateral trade relations. In its initial phase, the Council will focus on appointing co-chairs and involving business representatives from both Azerbaijan and Vietnam.

During the meeting between Chairman Orkhan Mammadov and President Dinh Viet Hoa, the parties discussed the provisions of the newly signed Memorandum and exchanged views on strengthening cooperation and expanding engagement between the business communities of the two nations.

Additionally, the President of VINEN was introduced to the operations of the “Baku SMB House” and familiarized himself with the “G2B” and “B2B” services provided to entrepreneurs.