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!

KOBİA representatives visit "VMF Natural Frequencies" watch factory 14.03.23

Views were exchanged on the enterprise's activities and development needs

The Chairman of the Board of the Small and Medium Business Development Agency (KOBİA) Orkhan Mammadov and the employees of the Agency paid a visit to the watch factory "VMF Natural Frequencies" located in Gobu settlement. Within the scope of familiarization with the enterprise, opinions were exchanged on the factory's activity and development needs.

It is worth highlighting that the factory with 17 employees produces classic, sports watches and children's watches. The number of watches produced at the factory per month is about 900-1200. As of 2022, the factory has launched the production of sunglasses.