SMB

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

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 Is it necessary to obtain a license for every type of business activity? Free business trainings for entrepreneurs will be held in September Issuance of investment promotion document for strategic investment projects continues Appeals from entrepreneurs of the Lankaran-Astara Economic Region were heard Another 10 SME entities will benefit from a tax exemption Domestic market research in 10 areas will be conducted on the initiative of KOBİA For the attention of entrepreneurs operating in Astara and Lankaran cities!

Business meetings of local and foreign businessmen held at the SMBDA stand as part of the "Rebuild Karabakh" exhibition 20.10.21

On October 20, the 1st Azerbaijan International Exhibition "Restoration, Reconstruction, and Development of Karabakh" – "Rebuild Karabakh" started working at the Baku Expo Center.

The Small and Medium Business Development Agency (SMBDA) is among the organizations supporting the exhibition and represented there with a special stand. The SMBDA’s stand accepts applications from local and foreign businessmen interested in investing and implementing business projects in the territories liberated from the occupation. The stand also posts an information board on applications received by SMBDA in the appropriate field. For information note that to date, SMBDA has received more than 800 applications from entrepreneurs wishing to build a business in the territories liberated from the occupation, about 240 of which have been submitted by foreign investors from 30 countries. The Agency's stand has also created appropriate conditions for holding meetings between local and foreign businessmen interested in collaboration.

The SMBDA stand also provides information on the souvenir manufacture and greenhouse facility founded in the village of Jojug Marjanli of the Jabrayil region with the joint support of SMBDA, TUIB, and TIKA, as well as preferential state loans provided to entrepreneurs by the Entrepreneurship Development Fund under the Ministry of Economy.

Noted that about 280 local and foreign companies from about 20 countries take part in the first-arranged "Rebuild Karabakh" exhibition. The exhibition demonstrates effective products, projects, and solutions for the development of Karabakh. The "Rebuild Karabakh" exhibition will run until October 22.