SMB

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

Winners of the Startup Competition Held Within the Framework of the Islamic Development Bank Group Annual Meetings Announced HELF and AZHAB Forums Held in Baku During the 51st Annual Meetings of the Islamic Development Bank Group 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 An online meeting of the Management Board of the CICA Business Council was held What is the support amount paid for conducting an internal market study and on what basis is this amount determined? The appeals of entrepreneurs from the Gazakh–Tovuz economic region were heard

Entrepreneurs' sales opportunities are expanding 25.07.22

In the first half of 2022, the Small and Medium Business Development Agency (KOBİA) provided free support for the display and sale of products and services of more than 600 micro, small and medium business entities at 16 exhibitions and fairs. 80% of entrepreneurs participating in exhibitions and fairs were micro, 15% small, and 5% medium enterprises. At exhibitions and fairs SMEs presented their products and services mainly in the fields of industry, agriculture, food, textile, handicrafts and other fields of activity.

During this period, KOBİA received 59 applications for the purpose of supporting micro and small business entities to access their products to trade networks. 30 of the applications are related to food products, 27 to non-food products, and 2 to other categories of products. The agency has started selling the products of micro and small entrepreneurs by renting appropriate space in the "Sharq Bazari" complex and the "Bolmart" market. Honey and beekeeping products, flour and flour products, granola food products, soft drinks, apple cider vinegar, dried fruit, spice, handicrafts and other products of SMEs are sold here. Work is being done with other trade networks in order to support the access of SMEs to trade networks, and at the same time, applications from micro and small entrepreneurs who want to benefit from this support continue to be received.