SMB

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Winners of the Startup Competition Held Within the Framework of the Islamic Development Bank Group Annual Meetings Announced 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 HELF/AZHAB Forum 2026 to Be Held Within the Framework of the IsDB Group Annual Meetings in Baku A meeting with entrepreneurs was held in the Khizi district For the attention of micro and small entrepreneurs wishing to present their products and services at the “Local Companies Promotion Exhibition!” ANNOUNCEMENT An online meeting of the Management Board of the CICA Business Council was held What is the support amount paid for conducting an internal market study and on what basis is this amount determined? The appeals of entrepreneurs from the Gazakh–Tovuz economic region were heard

Meeting of the subgroup on environmental, social and corporate governance standards held 30.05.23

At the meeting of the "Environmental, social and corporate governance standards" subgroup of the Commission on Business Environment and International Rankings, the work done in implementing the Road Map for 2023 on stimulating and promoting the application of ESG principles was discussed.

A meeting of the subgroup on "Environmental, social and corporate governance (ESG) standards" of the "Corporate governance, investments and corporate social responsibility" Working Group of the Commission on Business Environment and International Rankings was held.

The online meeting organized by the Small and Medium Business Development Agency (KOBİA) was attended by the representatives of the

Administration of the President of the Republic of Azerbaijan, Ministries of Economy, Ecology and Natural Resources, Labor and Social Protection of Population and Energy, Central Bank, Azerbaijan Investment Holding, as well as representatives of Center for Analysis Economic Reforms and Communication, Azerbaijan Industrial Corporation, State Oil Company, American Chamber of Commerce in Azerbaijan (AMCHAM), a number of international and local companies.

At the meeting, discussions were held on work done in implementing the Road map for 2023 on stimulating and promoting the application of ESG principles, upcoming tasks and the directions of action for the remaining part of the year, including the local legislative framework and current requirements on ESG elements, the experience of leading countries, and the measures implemented to enhance the level of knowledge and awareness in the relevant field. Recommendations were made to expand information exchange, involve stakeholders representing the private sector more actively in the process, and launch ESG initiatives using the existing platform in order to effectively organize the implementation process.