SMB

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

The next meeting of the permanent Coordination Group operating under KOBİA was held The next professional trainings within the framework of the “Karabakh SMEs 2026” project have been completed The provision of consulting services for entrepreneurs continues Is it necessary to obtain a license for every type of business activity? Free business trainings for entrepreneurs will be held in September Issuance of investment promotion document for strategic investment projects continues Appeals from entrepreneurs of the Lankaran-Astara Economic Region were heard Another 10 SME entities will benefit from a tax exemption Domestic market research in 10 areas will be conducted on the initiative of KOBİA For the attention of entrepreneurs operating in Astara and Lankaran cities!

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.