SMB

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

Winners of the Startup Competition Held Within the Framework of the Islamic Development Bank Group Annual Meetings Announced 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

In the first half of this year, 16 SMEs were awarded the "Startup" certificate 19.07.22

In the first half of 2022, 46 micro and small entrepreneurs applied to the Small and Medium Business Development Agency (KOBİA) for the issuance of the "Startup" certificate. 16 micro-entrepreneurs were awarded certificates by the Council of Experts based on the "Criteria for determining a startup" approved by the decision of the Cabinet of Ministers dated January 29, 2021. The "Startup" certificates were presented for agriculture, agribusiness, mobile application, fintech, online platform, production areas containing innovative solutions, e-commerce projects.

In total, 44 micro and small business entities have been awarded the "Startup" certificate.

The "Startup" certificate exempts SME entities from profit and income tax on their revenues from innovation activities for a period of 3 years from the date of receipt of the certificate.

Micro and small business entities whose projects are in the development stage can apply to KOBİA for a "Startup" certificate. The application form and other necessary documents, as well as detailed information about the relevant criteria, can be found at the following link: https://smb.gov.az/az/nav/startap-sehadetnamesi