SMB

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

Attention to manufacturers wishing to showcase their products and services free of charge at the 'Caspian Agro' and 'InterFood Azerbaijan' exhibitions! Our country will be represented by this Startup in AIM Congress International Startup Congress Rising Interest of Youth in Entrepreneurial Activities The choice is simple: It must be locally produced, sold by the manufacturer, and the products must be fresh and high-quality Informational Flyers and Brochures Prepared by KOBIA Applications from entrepreneurs working in agriculture, industry, and services have been reviewed The implementation of Aghdash district’s business opportunities was discussed with the participation of entrepreneurs Woman entreprenuers strengthening their role in economy with the state support SME Bazaar fair began its activity The results of the startup competition "From us to business" have been announced

KOBİA is represented at the "Raising Ambitions and Driving Action: COP29 Sustainable Business Forum" 17.05.24

The efforts will persist in establishing new incentive mechanisms to enhance the involvement of SMBs in the "green economy".

The "Raising Ambitions and Driving Action: COP29 Sustainable Business Forum" was held in Baku. The event, attended by representatives from local manufacturing enterprises, international organizations, and government agencies, addressed the transition towards a zero-carbon future, the challenges and opportunities posed by climate change for the private sector in Azerbaijan, and the pivotal role of entrepreneurs in driving this transformative process.

The Small and Medium Business Development Agency (KOBİA) was also represented in the panel discussion titled "Enhancing Business Sustainability: Private Sector Strategies to Combat Climate Change", organized within the framework of the forum. In his speech at the event, Mr. Rufat Atakishiyev, Deputy Chairman of the KOBİA Management Board, outlined the advantages of "green business" for SMBs and discussed the Agency's initiatives in this realm.It was highlighted that implementing efficient and cost-saving technologies in production, along with integrating green innovations into business processes, generates a positive impact on cost optimization, productivity enhancement, and the competitiveness of SMB entities. Aligning the production process with environmental protection standards and manufacturing green products serves to enhance business export potential and facilitate access to financial resources. KOBİA strives to promote the transition of SMBs to a "green economy" through various support mechanisms such as training, consultancy, grants, etc. Efforts will persist in creating new incentive mechanisms aimed at bolstering the role of SMBs in the "green economy".