SMB

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

The next meeting of the permanent Coordination Group operating under KOBİA was held The next professional trainings within the framework of the “Karabakh SMEs 2026” project have been completed The provision of consulting services for entrepreneurs continues Is it necessary to obtain a license for every type of business activity? Free business trainings for entrepreneurs will be held in September Issuance of investment promotion document for strategic investment projects continues Appeals from entrepreneurs of the Lankaran-Astara Economic Region were heard Another 10 SME entities will benefit from a tax exemption Domestic market research in 10 areas will be conducted on the initiative of KOBİA For the attention of entrepreneurs operating in Astara and Lankaran cities!

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.