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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

Baku to hold the II Forum of Young Entrepreneurs 10.12.21

On December 10, the II Forum of Young Entrepreneurs was held at the Baku Congress Center, arranged by the Ministry of Youth and Sports, the Azerbaijani Youth Foundation, the Small and Medium Business Development Agency (SMBDA) and the Public Council under the SMBDA.

The event was attended by representatives of relevant government agencies and youth public organizations, as well as young people engaged in entrepreneurial activity and interested in it.

The forum started with the performance of the national anthem of the Republic of Azerbaijan.

Speaking at the event, Minister of Youth and Sports Farid Gaibov informed of the successful youth policy in our country and the work done in this area.

The chairman of the SMBDA Board Orkhan Mammadov shared his views on the promotion of entrepreneurship among young people, the opportunities created to support their entrepreneurial initiatives and the SMBDA services in this area, and stressed the importance of the forum.

The president of the National Confederation of Entrepreneurs (Employers) of the Republic of Azerbaijan Mammad Musayev spoke about the organization’s activity and support provided to entrepreneurs.

The executive director of the Azerbaijani Youth Foundation Farid Jafarov informed the participants of the work done by the Foundation to develop the knowledge and skills of young people, as well as various forms of support for appropriate initiatives and projects.

The chairman of the Milli Mejlis committee for economic policy, industry, and business Tahir Mirkishili stressed the importance of young entrepreneurs’ projects, development of social entrepreneurship, and youth initiatives in the field of high technologies for the country's economy.

The chairman of the Board of the State Employment Agency under the Ministry of Labor and Social Protection of Population Mustafa Abbasbayli noted the importance of the self-employment program for starting entrepreneurial activities of young people and informed of the projects implemented by his organization to ensure self-employment.

The chairman of the Public Council under SMBDA Farhad Garashov noted that the Forum is already being held for the second time to popularize entrepreneurship among young people, inform them of the existing state support mechanisms, and study their views and proposals.

At the panel discussions arranged as part of the event, officials from the Ministry of Youth and Sports, the State Tax Service under the Ministry of Economy, the State Customs Committee, SMBDA, the State Employment Agency, and the Azerbaijani Youth Foundation spoke about the activities of their organizations and answered the participants’ questions.

At the Forum, young entrepreneurs also shared their successful experience in building a business and their views on measures that can contribute to the development of this area.