SMB

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

Startup Competition Launched Within the Framework of the IsDB Annual Meetings HELF/AZHAB Forum 2026 to Be Held Within the Framework of the IsDB Group Annual Meetings in Baku A meeting with entrepreneurs was held in the Khizi district For the attention of micro and small entrepreneurs wishing to present their products and services at the “Local Companies Promotion Exhibition!” ANNOUNCEMENT WUF13 Hosts Awareness Event for Entrepreneurs The project “Women Entrepreneurs in Successful Partnership” has been completed Growing role of women in business: from state support to sustainable development Rwandan Delegation Familiarized with the SMB House Model A survey is being conducted among startups

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.