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

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.