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

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.