SMB

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

The results of the startup competition "From us to business" have been announced Rwandan delegation got acquainted with activities of the "Baku SMB House" "Investment journey" event took place in Masalli The most active entrepreneurs of 2024 have been awarded A citizen reception was held at KOBİA Results of the 6th grant competition announced for financing projects by SMB entities have been disclosed A memorandum on the green transition of SMBs signed between KOBİA and the Asian Development Bank Business forum conducted within the framework of the project "Increasing attractiveness of the Shamakhi district for private Investments" New Startups Contributing to Digitalization The 9th "KOB Fest" exhibition -sales fair is underway in Göyçay

International Women's Forum on Social Entrepreneurship held 08.02.23

The International Women's Forum on Social Entrepreneurship was held by the Azerbaijan Women's Entrepreneurship Development Association (AQSIA).

In his speech at an event attended by representatives and business owners from government agencies, the Chairman of the Board of the Small and Medium Business Development Agency (KOBİA), Orkhan Mammadov, pointed to the rise in women's entrepreneurship and their interest in social entrepreneurship both globally and domestically. It was reported that the percentage of women's engagement in entrepreneurship in Azerbaijan stands at about 22%. In addition, 49% of the economically active population account for women. Under its mandate, KOBİA conducts a number of measures to support the development of social entrepreneurship and women's entrepreneurship. In the previous period, grants were given to 5 female business owners and "Start-up" certificates were issued to 11 female business owners by the agency and managers have benefited from the Germany-Azerbaijan Joint Program. In 2022, approximately 4 women entrepreneurs and women seeking to start a business benefited from the trainings organized by the SMB development centres of the agency.