SMB

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

Investment opportunities expand: the investment promotion mechanism now covers 17 strategic directions The territories liberated from occupation provide extensive opportunities for investors A blood donation campaign dedicated to Remembrance Day was held Delegation of representatives of the RIYADA organization from Oman visited “Baku SME House” Volunteer blood donation campaign will be held Entrepreneurs can apply to SME Houses to obtain licenses KOBİA representatives participated in an international seminar held in Turkey The next meeting of the permanent Coordination Group operating under KOBİA was held The next professional trainings within the framework of the “Karabakh SMEs 2026” project have been completed The provision of consulting services for entrepreneurs continues

Business Incubation Center launched in Khachmaz 22.02.20

Business Incubation Center has started its activity for youth and women at Khachmaz SMB Development Center.

Business Incubation Center was established to support entrepreneurial initiatives in Guba-Khachmaz economic region, create new business and employment opportunities, and expand the scope of state support measures provided for entrepreneurs. The Center provides residents with services on the development of business projects, access to financial resources and financial management, mentorship and so on.

Note that the Small and Medium Business Development Agency of the Republic of Azerbaijan announced a competition to select participants for incubation project last year in December, and selected 35 residents in the manufacturing and service sectors. Residents will be provided with business premises equipped with the necessary equipment at the Business Incubation Center on concessional terms, and they will be given the opportunity to benefit from all kinds of services.