SMB

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

Interest in SME Houses as an innovative model in the field of business services is increasing Additional 55 people were engaged in training within the framework of the “Karabakh SME 2026” project More than 312,000 services were provided to entrepreneurs in SME Houses in the first half of 2026 Applications of entrepreneurs were considered at KOBİA In the first half of 2026, the KOBİA Call Centre via number 131 responded to approximately 5,000 enquiries The next meeting within the framework of the "Investment Journey" project was held in the city of Aghsu Business projects that have received the "Startup" Certificate are developing More than 50 meetings with entrepreneurs were organised in the first half of 2026 Another meeting with entrepreneurs was organised in the city of Mingachevir A production enterprise for test kits and medical plastic packaging products will be established

Malaysian experience was discussed in the field of SMB 22.01.20

Dato Yubazlan Yusof, Ambassador Extraordinary and Plenipotentiary of Malaysia to the Republic of Azerbaijan visited the Small and Medium Business Development Agency (SMBDA).

Orkhan Mammadov, Chairman of the Board of SMBDA informed about the activities of the Agency and parties held discussions on cooperation in the field of SMBs between the two countries and addressed matters of experience exchange in relevant field , alternative financing, organization of joint events with the participation of SMBs, intensification of mutual visits of public and private organizations, development of trade relations.

Ambassador Dato Yubazlan Yusof emphasized that there are several organizations to support the development of the SMB sector in his country, and SMBDA can benefit from technical assistance to study Malaysia's experience in alternative financing.