SMB

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

The results of the startup competition "From us to business" have been announced Rwandan delegation got acquainted with activities of the "Baku SMB House" "Investment journey" event took place in Masalli The most active entrepreneurs of 2024 have been awarded A citizen reception was held at KOBİA Results of the 6th grant competition announced for financing projects by SMB entities have been disclosed A memorandum on the green transition of SMBs signed between KOBİA and the Asian Development Bank Business forum conducted within the framework of the project "Increasing attractiveness of the Shamakhi district for private Investments" New Startups Contributing to Digitalization The 9th "KOB Fest" exhibition -sales fair is underway in Göyçay

First SMB entity starts operating in Shusha 19.12.20

Thanks to the victory of the valiant Azerbaijani troops under the leadership of the President of Azerbaijan, Commander-in-Chief Ilham Aliyev, the first bakery and confectionery factory has been opened in the liberated from the occupation city – Shusha. The enterprise is the first business entity that began its activities in Shusha after its liberation.

Agency for Small and Medium Business Development under the Economy Ministry has provided state support for the opening of the production site owned by “Azcake" LLC. Thus, support was provided for the purchase of equipment for the production of bakery and confectionery products and the organization of the enterprise.

Bread and confectionery products are produced at the production site located near the Shusha Mosque. The facility currently employs six people. It is planned to increase production capacity, the range of products, and the number of employees in the future. Additionally, it should be noted that the bakery and confectionery products produced are provided for officers and soldiers free of charge.