SMB

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

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

Discussions held with entrepreneurs operating in the transport and logistics sector 27.03.20

Measures are being taken to evaluate the impacts of the coronavirus (COVID-19) pandemic on entrepreneurship. Further discussions were held with entrepreneurs operating in the transport and logistics sector, including freight and passenger transportation.

Discussions held by the Ministry of Economy were attended by the representatives of the Ministry of Taxes, Small and Medium Business Development Agency (SMBDA), Baku Transport Agency, State Road Transport Service, the State Employment Service, National Confederation of Entrepreneurs (Employers). The participants made proposals and highlighted that transport and logistics sectors are likewise affected by the closure of borders in many countries or by the introduction of a special regime because of the pandemic and discussed the ways to minimize these impacts.

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

The discussions stressed the importance of further increasing the social responsibility of the private sector in the current situation. In this regard, entrepreneurs were recommended to avoid layoffs, employee cutbacks, and to demonstrate corporate social responsibility and public solidarity.