SMB

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

27 June – International Day of Micro-, Small and Medium-sized Enterprises: SMEs Changing the World A reception of entrepreneurs will be held in Balakan Businessmen of the Nigde (Niğde) Region of Türkiye Visited the Baku SME House Investment Portal: A Support Tool Bringing Together Entrepreneurs and Investors on One Platform Azerbaijan Pavilion Featured at IsDB’s 14th Private Sector Forum Exhibition Winners of the Startup Competition Held Within the Framework of the Islamic Development Bank Group Annual Meetings Announced Support for Expanding Sales Opportunities of SMEs The “7th Local Companies Promotion Exhibition” is being held 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

Innovation and Startup Competition is announced for startups! 20.04.26

The Small and Medium Business Development Agency (KOBİA) under the Ministry of Economy and the Islamic Development Bank Group jointly announce an Innovation and Startup Competition for startups.

The competition aims to support startups with high potential from member countries of the Islamic Development Bank Group to demonstrate their innovative ideas, establish connections with global investors, and expand opportunities for access to international markets.

The deadline for joining the competition is 15 May.

Stages of the competition:

- Global open call. Startups (innovation, business model, team, impact) apply through the official platform until 15 May.

- Selection and evaluation. Experts from venture capital firms, financial development institutions and corporations evaluate applications until 17 May.

- Mentorship and intensive training programme (“Bootcamp”). Selected startups participate in training on fundraising, financial modelling and pitching on 13–15 June.

- Investor pitching and semi-finals. Startups present to the international jury and establish connections with investors on 16–17 June.

Prizes and opportunities of the competition:

- Monetary award

- Certificates and recognition plaques

- Exhibition package of the Islamic Development Bank Group Private Sector Forum (PSF)

- Opportunity to participate in international exhibitions

Startups that believe their projects will enter global markets and are ready to compete at global level can register using the following link: https://isdb.untap.us/programs/2026#block-about