SMB

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

Three More SMEs Awarded “Startup” Certificates Public discussion is organized due to green transport business Opportunities for entrepreneurial activities in regions : SME Friends, SME Development Agencies The Promotional Exhibition of Local Companies is Commencing Meeting was held with Entreprenuers engaed in import and export 8th Plenary Session of the CICA Business Council and the 10th Business Forum Held in Baku Attention to SMEs Wishing to Showcase Their Products and Services at the “2nd Turkic Trade Fair”! Young Entrepreneurs from Azerbaijan and Turkiye Discuss Prospects for Cooperation With Government Support, Nearly 10 Entrepreneurs Participate in “Caspian Agro” and “InterFood Azerbaijan” Exhibitions Another Training Held for Entrepreneurs Engaged in Export Activities

Baku SMB Development Center and NBFIs to cooperate 26.10.20

To improve financial literacy and access to financial resources of micro, small, and medium-sized business entities, Baku SMB Development Center under the Small and Medium Business Development Agency of the Republic of Azerbaijan held an online meeting with non-bank financial institutions (NBFIs). At the event, access of SMB entities to financial resources, financial instruments applied for SMBs and the options for their use, modern requirements for credit applications, etc. were discussed.

At the online event, information was given about the services provided free of charge by SMB development centers, which are part of the structure of SMBDA to improve access to financial resources of SMBs. Also, it was noted that the training sessions and seminars held at the Centers, support in business plan development, counseling, networking, and other services are useful in improving the financial literacy and expanding access to financial resources.

The services provided at the SMB development centers operating in Baku, Sumgait, and other regions will facilitate the work of credit organizations along with SMBs and support the growth of sustainable, development-oriented entrepreneurship services across the country. At the meeting, along with banks, NBFIs were invited to cooperate closely with the SMB development centers.