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

Funding opportunities for SMBs discussed 11.07.23

At the meeting held with the director of the Islamic Development Bank Group Regional Hub Türkiye, optimizing the access of SMBs to financial resources, alternative funding and cooperation opportunities in this field were discussed.

Orkhan Mammadov, Chairman of the Board of the Small and Medium Business Development Agency (KOBİA), met with the delegation led by Walid Mohammad Abdelwahab, director of the Islamic Development Bank Group Regional Hub Türkiye, who was on a visit to Baku.

At the meeting, mutual perspectives were exchanged on the development of entrepreneurship, as well as enhancing access to financial resources of SMBs, which is one of the main activities of KOBİA, alternative funding and cooperation opportunities in this field.

Furthermore, the delegation paid a visit to "Baku SMB House" to get acquainted its activities and the services provided to entrepreneurs as part of the visit.