SMB

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

The most active entrepreneurs of 2024 have been awarded A citizen reception was held at KOBİA Results of the 6th grant competition announced for financing projects by SMB entities have been disclosed A memorandum on the green transition of SMBs signed between KOBİA and the Asian Development Bank Business forum conducted within the framework of the project "Increasing attractiveness of the Shamakhi district for private Investments" New Startups Contributing to Digitalization The 9th "KOB Fest" exhibition -sales fair is underway in Göyçay With the support of KOBİA, Azerbaijani entrepreneurs' products were showcased at the "MÜSİAD EXPO" and "Halal Expo" exhibitions Yet another meeting of the sub-group on Environmental, Social, and Corporate Governance (ESG) standards was held 8 more SMBs have received the "Startup" certificate

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.