SMB

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

27 June – International Day of Micro-, Small and Medium-sized Enterprises: SMEs Changing the World A reception of entrepreneurs will be held in Balakan Businessmen of the Nigde (Niğde) Region of Türkiye Visited the Baku SME House Investment Portal: A Support Tool Bringing Together Entrepreneurs and Investors on One Platform Azerbaijan Pavilion Featured at IsDB’s 14th Private Sector Forum Exhibition Winners of the Startup Competition Held Within the Framework of the Islamic Development Bank Group Annual Meetings Announced Support for Expanding Sales Opportunities of SMEs The “7th Local Companies Promotion Exhibition” is being held 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

Meeting held with entrepreneurs in Shaki on self-employment 27.01.26

During the event, entrepreneurs were informed about co-financing of wages at social jobs, targeted programs, vocational training, and the self-employment program, and their questions were answered.

A meeting titled “Existing opportunities, challenges, and prospects in the field of self-employment” was held with entrepreneurs in the city of Shaki. The event was organized by the Small and Medium Business Development Agency (KOBIA) and brought together representatives of the State Employment Agency under the Ministry of Labour and Social Protection of the Population, specifically the Shaki–Zagatala Regional Employment Branch, the Shaki State Vocational Education Center, the State Tourism Agency (Shaki Regional Tourism Office), the Ministry of Economy of Azerbaijan (Shaki–Zagatala Regional Division), Marsol Group LLC, as well as around 30 entrepreneurs operating in the region.

At the meeting, the State Employment Agency presented information on support mechanisms for entrepreneurship, including co-financing of wages at social jobs, targeted programs, vocational training, and the self-employment program, and responded to entrepreneurs’ questions. In addition, an exchange of views took place between representatives of state bodies and entrepreneurs.

It should be noted that the self-employment program creates favorable opportunities for starting entrepreneurial activity. In this regard, KOBIA cooperates closely with the State Employment Agency. KOBIA supports the self-employment program in two main directions.

The first includes awareness-raising, technical support for registration, coordination with employment branches, joint assessment of candidates’ economic activities, and participation in the training process and asset allocation for program participants.

Under the second direction, the Agency supports the business development of self-employment program participants by providing advisory services, assistance with business planning, and support in accessing sales markets.