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

KOBİA informs about its support to female entrepreneurs 31.10.22

An event was organized as part of the FAO-Azerbaijan Partnership Program on the project "Increasing the Economic Power of Women in Agriculture" with the support of the Agrarian Credit and Development Agency (AKİA) of the Ministry of Agriculture and the Food and Agriculture Organization of the United Nations (FAO).

At the event attended by representatives of state agencies and international organizations, the Chairman of the Board of the Small and Medium Business Development Agency Orkhan Mammadov noted that sustainable economic development of every country is directly related to the development of women's entrepreneurship. It was emphasized that the weight of women's entrepreneurship is currently increasing both globally and in our country, women are showing more interest in self-employment and creating small businesses. Statistics show that more than 21% of private entrepreneurs are women, and women's activity in economic development continues with increasing dynamics. One of the areas where women entrepreneurs are more active is the agricultural sector, and in this regard, women have an important role in the development of agriculture. KOBİA implements appropriate measures to promote the growth of women's entrepreneurship in various fields, including the agricultural sector, and to further increase the number of women among small and medium entrepreneurs, taking into account the development priorities and national characteristics of the country's economy. SME friends of the Agency are also closely involved in the joint projects of AKİA and FAO. In addition, KOBİA implements special projects and programs for women entrepreneurs with its own resources, as well as the participation of the private sector, business associations and international organizations.