SMB

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

Training "Islamic Banking and Finance" was held Support for entrepreneurs engaged in production - Model enterprise SME About 8 thousand B2B services were rendered to entrepreneurs in the “Baku SMB House” The workshop focusing on securing investments for small and medium-sized businesses (SMBs) and startups is scheduled. What government services do entrepreneurs most frequently request at the "Baku SMB House"? Is it possible to get a duplicate of the “startup” certificate? KOBİA encourages investors to invest in projects led by small and SMBs and startups A seminar was conducted on the theme of "Transforming SMBs towards a Green Economy and Green Finance" 6 micro-enterpreneurs have been awarded with "Startup" certificates B2B business meetings were convened between Azerbaijani and Pakistani businessmen

Discussions held to study the impact of the coronavirus on the tourism sector 27.03.20

Discussions were held with businesses in the tourism sector to evaluate the impact of the coronavirus (COVID-19) pandemic on this field. The Ministry of Economy organized a video conference with the participation of the representatives of the Ministry of Taxes, Small and Medium Business Development and State Tourism Agencies, the State Employment Service, National Confederation of Entrepreneurs (Employers). The video conference highlighted that tourism was also affected by the negative impacts of the coronavirus pandemic. The entrepreneurs faced losses because of reduction of the flow of domestic and foreign tourists, cancellation of the pre-booked tours and hotel reservations, and postponement of various events; and discussed ways to minimize these impacts and made proposals.

Entrepreneurs were informed about the undertaken actions to minimize the impact of coronavirus infection on the private sector, including tourism, and the areas of the planned measures and relevant proposals.

Discussions carried out with entrepreneurs, emphasized the importance of further increasing the social responsibility of the private sector in the current situation in this regard, and recommended entrepreneurs to avoid layoffs, employee cutbacks, and show corporate social responsibility and public solidarity.