SMB

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

Training "Islamic Banking and Finance" was held A compendium outlining the principles of environmental, social, and corporate governance (ESG) has been compiled. 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

Discussions were held on alternative SMBs financing mechanisms with the Participation Banks Association of Turkey 20.11.20

Within the MUSIAD Expo 2020 in Istanbul, Chairman of the Board of the Small and Medium Business Development Agency (SMBDA) Orkhan Mammadov met with the Chairman of the Participation Banks Association of Turkey (TKBB) Metin Ozdemir.

At the meeting, it was noted that last year in Baku, within the framework of the 7th summit of the Cooperation Council of Turkic-speaking States, a Memorandum of understanding was signed between SMBDA and TKBB, providing for the exchange of experience in the field of alternative financing mechanisms and cooperation of SMBs in support of investment projects, a trilateral Protocol of intent between Ziraat Bank, Turk Exim Bank, and the Agency. During the meeting, where a detailed exchange of views on cooperation took place, alternative mechanisms for financing SMBs, the application of innovative and alternative tools for financing SMBs using the experience of TKBB, and the participation and promotion of Turkish banks in potential investment projects in the territories of Azerbaijan liberated from occupation were discussed.