SMB

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

7 SMEs have been granted a 'Startup' certificate. The 7th Grant Competition for the Financing of SMEs' Education, Science, Research, and Support Projects is Announced Representatives of KOBIA participated in WCF Africa 2025 Summit Representatives of KOBIA participated in the Annual Investment Meeting held in Abu Dhabi Attention to manufacturers wishing to showcase their products and services free of charge at the 'Caspian Agro' and 'InterFood Azerbaijan' exhibitions! The Azerbaijan Coffee Championship has taken place Our country will be represented by this Startup in AIM Congress International Startup Congress Rising Interest of Youth in Entrepreneurial Activities The choice is simple: It must be locally produced, sold by the manufacturer, and the products must be fresh and high-quality Informational Flyers and Brochures Prepared by KOBIA

"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.