SMB

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

Interest in SME Houses as an innovative model in the field of business services is increasing Additional 55 people were engaged in training within the framework of the “Karabakh SME 2026” project More than 312,000 services were provided to entrepreneurs in SME Houses in the first half of 2026 Applications of entrepreneurs were considered at KOBİA In the first half of 2026, the KOBİA Call Centre via number 131 responded to approximately 5,000 enquiries The next meeting within the framework of the "Investment Journey" project was held in the city of Aghsu Business projects that have received the "Startup" Certificate are developing More than 50 meetings with entrepreneurs were organised in the first half of 2026 Another meeting with entrepreneurs was organised in the city of Mingachevir A production enterprise for test kits and medical plastic packaging products will be established

Event on Tourism sector held 15.01.21

"We could talk about more tangible success and results in the Tourism sector if it would not be for the challenges and constraints posed by the global pandemic. However, we are confident that during the post-pandemic period, the Tourism sector will still remain active, maintain its status as a priority area in the country's economy and develop in line with new challenges. It should be noted in particular that our territories liberated from occupation last year as a result of the 44-day War of aggression under the leadership of the President of the Republic of Azerbaijan, Commander-in-Chief of the Armed Forces Mr. Ilham Aliyev have a wide tourism potential. This opens up broad prospects for the business entities in the Tourism sector. In this direction, SMBDA, the State Tourism Agency and the associations operating in this field should unite their efforts in the form of joint cooperation". Chairman of the Board of the Small and Medium Business Development Agency (SMBDA) Orkhan Mammadov briefed about this at the reporting event of Association of Travel Agencies of Azerbaijan on the work implemented in 2020. It was noted at the online event that SMBDA is ready to attract local and foreign investments to the liberated territories, to implement necessary support measures, coordination, and joint cooperation.

The event also highlighted tourism-related projects implemented by SMBDA together with the State Tourism Agency last year, including the joint cooperation of SMBDA, the State Tourism Agency and Baku Landscaping Service LLC to turn Balakhani settlement into a new tourist destination. The activities of a new tourist complex opened in Astara and will be important in the development of domestic and cross-border tourism during the post-pandemic period were also highlighted. Furthermore, SMBDA-organized stand at the MUSIAD Expo 2020 exhibition held in Istanbul demonstrated the economic and investment potential of the liberated territories of Azerbaijan.

It should be noted that the online event organized by Azerbaijani Association of Travel Agencies was attended by Deputy of Milli Majlis, representatives of the Ministry of Economy, SMBDA, State Tourism Agency, representatives of Azerbaijan Tourism Board and Azerbaijan Airlines LLC, as well as entrepreneurs engaged in the Tourism sector.