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

First Iraq-Azerbaijan business forum held 07.12.23

At the Iraq-Azerbaijan business forum, economic and commercial links between the two countries, cooperation avenues and expansion of relations between business circles, prospects for mutual investment were subjects of discussion, as well as an agreement was reached on the establishment of the Azerbaijan-Iraq Business Council.

As part of the 3rd Meeting of the Joint Commission on Economic, Scientific, Technical and Cultural Cooperation between the Government of the Republic of Azerbaijan and the Government of the Republic of Iraq, Baghdad hosted the First Iraqi-Azerbaijani business forum on December 6.

The event was attended by the officials and businesspersons from both countries, and was held with the support of the Ministry of Economy of the Republic of Azerbaijan, the Small and Medium Business Development Agency (KOBİA) and the Federation of Iraqi Chambers of Commerce. The business forum featured companies operating in food, furniture, logistics, construction, tourism, industry sectors, among others.

At the event, Rashad Nabiyev, Minister of Digital Development and Transport, Ali Nasir Al-Asadi, Advisor to the Prime Minister of Iraq, Sahib Mammadov, Deputy Minister of Economy, Orkhan Mammadov, Chairman of the Board of KOBİA, and Zaman Sahib, Vice-president of the Federation of Iraqi Chambers of Commerce, informed about the economic and commercial relations between our countries, cooperation prospects and expansion of relations between business circles, avenues for mutual investment, as well as exchange of ideas was made on the above-stated matters. The formation of the Azerbaijan-Iraq Business Council was agreed upon at the business forum.

The business forum featured presentations by the relevant institutions of Azerbaijan and Iraq, B2B meetings between businesspersons.