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

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.