SMB

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Next reception of citizens held at KOBİA What events will be organized for entrepreneurs in August? “Ganja SME House” provided entrepreneurs with more than 2,000 kinds of services during the first three months of activity Memorandum of Understanding on cooperation signed between KOBİA and the Turkish Trade Center SME cluster companies create new cooperation opportunities for entrepreneurs Business contracts Applications of entrepreneurs have been heard Interest in the "SME Volunteers" Programme continues to increase Training events are being conducted within the framework of the Business Partnership Programme 35 "Startup" Certificates have been issued during the elapsed period of the current year

Issues of participation of businessmen in restoration and reconstruction of the territories liberated from the occupation discussed 14.10.21

A business lunch dedicated to our victory in the Patriotic war was arranged by the Turkish-Azerbaijani Businessmen Union with the participation of the Small and Medium Business Development Agency (SMBDA). At the event attended by veterans and representatives of the business community, an exchange of views took place on the participation of businessmen in the restoration and reconstruction of Karabakh and the employment opportunities created there.

Speaking at the event, the chairman of the SMBDA Board Orkhan Mammadov stressed the importance of involving the private sector in the reconstruction of the Karabakh region and the realization of business potential. It was noted that the participation of the private sector in this process can be beneficial in terms of reducing public investment costs and attracting domestic and foreign investment through alternative and diverse financing mechanisms. Herewith, applying an innovative technological approach and effective management practices of the private sector in the restoration and reconstruction of the territories liberated from the occupation will allow improving the efficiency and quality of work and services. According to the Azerbaijani state’s development concept concerning Karabakh, the SMBDA has included investment in the liberated territories and the implementation of business projects there in the range of priority areas of its strategic program for the coming period. Currently, entrepreneurs wishing to build a business in our territories liberated from the occupation submit their business projects to the SMBDA. These projects cover trade, services, construction, industry, agriculture, education, and other areas. Along with a number of benefits for SMBs, activity in the territories liberated from occupation will create conditions for implementing important business projects aimed at realizing the economic potential of the region.