SMB

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

Three More SMEs Awarded “Startup” Certificates Public discussion is organized due to green transport business Opportunities for entrepreneurial activities in regions : SME Friends, SME Development Agencies The Promotional Exhibition of Local Companies is Commencing Meeting was held with Entreprenuers engaed in import and export 8th Plenary Session of the CICA Business Council and the 10th Business Forum Held in Baku Attention to SMEs Wishing to Showcase Their Products and Services at the “2nd Turkic Trade Fair”! Young Entrepreneurs from Azerbaijan and Turkiye Discuss Prospects for Cooperation With Government Support, Nearly 10 Entrepreneurs Participate in “Caspian Agro” and “InterFood Azerbaijan” Exhibitions Another Training Held for Entrepreneurs Engaged in Export Activities

Establishment of new credit institutions expands SMEs' access to financial resources 18.02.22

An event was held in the financial sector to establish a new non-bank credit organization (NBCO) - "AZPUL" LLC. At the event, Chairman of the Board of the Small and Medium Business Development Agency (SMBDA) Orkhan Mammadov said that the activities of microfinance institutions are important in terms of improving the access of entrepreneurs to financial resources. It was noted that SMBDA positively assesses the establishment of new non-bank credit institutions in the financial sector and innovative financial services. The Agency is also working to increase access to financial resources for SMEs. For this purpose, a consultative platform has been established, funding for innovative projects is provided through a grant program implemented by SMBDA, and other measures are being taken.