SMB

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

A conference was held regarding the presentation of unified platform and the national standard for ESG A national standard on Environmental, Social, and Corporate Governance (ESG) has been adopted "KOB FEST" exhibition-sale fair held in Khachmaz A business plan – the key to successful and sustainable business "From Us to Business" startup competition is underway Meetings with entrepreneurs were held in Jalilabad and Goychay This year, entrepreneurs and individuals seeking to start business for the development of 220 business plans were supported A meeting with entrepreneurs was held in Quba "SMB FEST" exhibition-sale fair is underway in Khachmaz What should green business be like?

Entrepreneurs are among those killed as a result of Armenia's military provocation in Barda 30.10.20

SMBDA meets with entrepreneurs in Barda who suffered from Armenian provocation

The Armenian armed units shattered ceasefire with Azerbaijan a total of 11 times throughout the day, Azerbaijan's Defense Ministry said.

On October 30, Chairman of the Management Board to the Small and Medium Business Development Agency of the Republic of Azerbaijan (SMBDA) Orkhan Mammadov, Chief of the State Tax Service’s Main Department Elchin Mammadov, and responsible employees of both structures arrived in Barda city for on spot examination of the damage caused to entrepreneurs.

At the meeting with the entrepreneurs, it was noted that as a result of the missile attacks on Barda by Armenian Armed Forces on October 28, according to preliminary information, nearly 30 business entities operating in the spheres of trade, catering and services were damaged. It was also emphasized that as a result of the military aggression against Barda by Armenia, entrepreneurs were also killed. From the day of the incident, local representatives of SMBDA take appropriate measures to clarify the damage caused to entrepreneurs and provide them with initial support.

In general, the Agency received information about damage to almost 300 business entities in the areas of animal husbandry, crop production, trade, catering, and production as a result of Armenia`s military provocation. The damage claims are mainly received from 9 cities and districts: the cities of Ganja and Naftalan, Aghdam, Fuzuli, Tartar, Beylagan, Barda, Jabrayil, and Aghjabadi districts. As a result of the shelling of both the front-line territories and cities and regions far from this zone by the Armenian Armed Forces, the activities of business entities were either terminated or suffered heavy financial losses. According to preliminary estimates, the damage caused to entrepreneurs amounted to millions of manat.

Measures are being taken to collect and process relevant information and, if possible, to clarify the damage on the spot in order to establish the damage caused to business entities in connection with the military provocation of Armenia.