SMB

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

Today International Day of Micro, Small and Medium-sized Enterprises is marked An exhibition showcasing products and services from over 150 domestic companies is currently underway. The product of artificial intelligence for intelligent search has been developed in Azerbaijan. The "Investment Journey" event took place this time in the city of Sheki Meeting with Students of Baku Business University The "Advertising Exhibition of Local Companies" launches Importance of applying Environmental, Social, and Corporate governance principles for business Exhibition-sale fairs will be held in the regions of the country A document was signed between KOBİA and the Belarusian Chamber of Commerce and Industry The number of entities awarded with the "Startup" certificate has reached 151

Exchange of views on alternative financing opportunities for SMBs 27.07.20

Chairman of the Management Board to the Small and Medium Business Development Agency of the Republic of Azerbaijan, Mr. Okhan Mammadov, and Ambassador Extraordinary and Plenipotentiary of Malaysia Dato Yubazlan Bin Yusuf held an online meeting.

During the meeting, the parties discussed state support measures for small and medium-sized enterprises in our country during the pandemic, the challenges faced by SMBs in the current environment, the needs of business associations, the improvement of access to finance and the activities of SMBs in this direction.

It was noted at the online meeting that many financial mechanisms for small and medium-sized businesses in Malaysia are working effectively. The parties exchanged views on the possibility of applying these mechanisms in our country, and agreed to take joint measures particularly in the field of alternative financing.