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!

Meeting with Entrepreneurs Held in Shaki within the Framework of the “Regional Partners Development” Project 30.09.25

During the event, entrepreneurs were informed about access to financial resources and existing state support mechanisms in this area.

A meeting was held with local entrepreneurs in the city of Shaki within the framework of the “Regional Partners Development” Project. The event was organized by the Small and Medium Business Development Agency (KOBİA) and Marsol Group, with the support of the Shaki City Executive Authority and the National Association of Entrepreneurs (ICMA). More than 50 entrepreneurs operating in the fields of food production, agriculture, tourism, ICT, construction, and other sectors participated in the meeting.

The event aimed to inform entrepreneurs operating in the regions about the opportunities for accessing financial resources and existing state support mechanisms, as well as to foster business cooperation between entrepreneurs from the capital and the regions. Entrepreneurs from Baku also took part in the meeting.

The event featured speeches by Elkhan Usubov, Head of the Shaki City Executive Authority; Orkhan Mammadov, Chairman of the Board of KOBİA; and Tural Mustafayev, Founder of Marsol Group and Chairman of the Board of ICMA. The speakers provided information on the support and services available to entrepreneurs, including state concessional loans, subsidies, innovations in business financing, alternative financing tools, inter-business cooperation opportunities, and the economic potential of the region for entrepreneurial activity.

It was noted that Shaki possesses strong potential in the areas of agriculture, industry, and tourism. The region’s traditional sectors such as silk production, viticulture, and fruit growing are being strengthened through the development of modern agricultural technologies and processing industries. Shaki’s rich cultural heritage has made it a leading tourism destination. Infrastructure projects and entrepreneurship support measures have further enhanced Shaki’s attractiveness for investors. The establishment of new enterprises, supported by state programs and entrepreneurial initiatives, is contributing to the growth of employment in the region.

The speakers also provided recommendations on expanding cooperation between local entrepreneurs and businesspeople from Baku, conducting in-depth studies of local market demands and needs, maximizing the use of digital economy opportunities, and increasing awareness and utilization of state support mechanisms available to businesses.

Within the framework of the meeting, entrepreneurs’ requests and proposals were heard on topics such as access to financial resources, licensing, fertilizer import, international freight transport, support for the development of local educational institutions, tax administration, and other related issues. Explanations were provided regarding legislative requirements and available support tools, and participants’ questions were answered.

As part of their visit to Shaki, representatives of KOBİA also visited the “Zeyzid Glamping” accommodation complex located in Bash Zeyzid village. They exchanged views with the entrepreneur on the development of tourism in the region, expansion of business activities, and opportunities for KOBİA’s support.