SMB

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

HELF and AZHAB Forums Held in Baku During the 51st Annual Meetings of the Islamic Development Bank Group Startup Competition Launched Within the Framework of the IsDB Annual Meetings HELF/AZHAB Forum 2026 to Be Held Within the Framework of the IsDB Group Annual Meetings in Baku A meeting with entrepreneurs was held in the Khizi district For the attention of micro and small entrepreneurs wishing to present their products and services at the “Local Companies Promotion Exhibition!” ANNOUNCEMENT An online meeting of the Management Board of the CICA Business Council was held What is the support amount paid for conducting an internal market study and on what basis is this amount determined? The appeals of entrepreneurs from the Gazakh–Tovuz economic region were heard A service desk of the Ministry of Agriculture has started operation at the Khudat Service Center of the “Khachmaz SME House”

"From Us to Business" startup competition is underway 30.10.24

The purpose of the project is to stimulate innovation, to bring about enabling environment for new businesses, and to support startups in pursuit of materialization of business ideas thereof.

In order to support startups, a new project "From us to business" startup competition has been launched.

Within the framework of public-private partnership, Small and Medium Business Development Agency (KOBİA) is the partner of the project to be implenebted by "AccessBank" JSC. The purpose of the project is to stimulate innovation, to introduce new avenues for businesses, to support startups to materialize their business ideas, to provide mentorship and financial support to SMBs as well as to explore perspective business concepts with potential for sustainable development and positive social impact, and to contribute to the formation of a successful entrepreneurial network. Entrepreneurs and startups are encouraged to participate in the project. The application process has already been launched. The funds will be allocated for implementation of the projects of the winners to be selected by the Jury. For more information about the project click the following link: "From Us to Business"

To support "From Us to Business" project, a Memorandum of Understanding was signed between KOBİA and “AccessBank” JSC at the Baku SMB House, and a presentation about the project was demonstrated. "As a participant in the entrepreneurial ecosystem, KOBİA provides various support and services aimed at establishing new businesses, expanding existing entrepreneurial activities, and implementing innovative projects by startups." “The implementation of projects in this area within the framework of public-private partnership is also important, and KOBİA supports such initiatives from the private sector,” stated Orkhan Mammadov, Chairman of the KOBİA Board. “As a bank, we are delighted to support new business ideas and startups in Azerbaijan and to participate in their integration into the unique entrepreneurial environment.” The “From Us to Business” project will contribute to addressing the issue of accessibility to financial resources for those starting a new business,” said David Tsiklauri, Chairman of the Management Board of “AccessBank” JSC.