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

Female entrepreneurs received support in implementation of business ideas 11.08.20

Financial support (grants) were provided to women entrepreneurs who benefited from the training and consulting services of the Khachmaz SMB Development Center of the Small and Medium Business Development Agency. Their business plans were considered successful during the evaluation to start their own businesses.

The Azerbaijan Microfinance Association (AMFA) within EU-funded project "Accelerating the development of sustainable micro-entrepreneurship in the regions of Azerbaijan" has provided sub-grants to help women in the Guba-Khachmaz economic region to establish their business of handicrafts, beauty salons and vocational training of handicraft.

The Khachmaz SMB Development Center provided training and consulting services to women entrepreneurs, and liaised them with relevant agencies for the development and financing of business plans. The Center will continue to provide training and consulting services to these women entrepreneurs to develop their businesses and ensure their sustainability.

Note: Khachmaz SMB Development Center, which started operating in February 2020, organizes business-oriented trainings and seminars for micro, small and medium entrepreneurs and those who want to start a business in Guba-Khachmaz economic region, including startups, family businesses, people with disabilities, youth and women, consulting services, provides free support and services in areas such as awareness raising, participation in internship programs.