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 in the Absheron district 02.08.24

The new initiatives and proposals were discussed with businesspeople within the framework of the meeting.

Organized by the Small and Medium Business Development Agency (KOBİA) and with the support of the Executive Authority of the Absheron District, the meeting was held with entrepreneurs operating in the area.

Participants included Mr. Orhan Mammadov, Chairman of the KOBİA Management Board, heads of relevant agency departments, Mr. Abdin Farzaliyev, head of the Absheron District Executive Authority, and over 120 SMBs operating in sectors such as agriculture, construction, food production, furniture, and alternative energy.

During the event, entrepreneurs were provided with information about government support measures and their implementation mechanisms, new challenges, the economic potential of the region, and business opportunities. It was also highlighted that government support measures would be sustained based on the proposals and initiatives put forth by entrepreneurs.

The discussion covered topics such as financing for entrepreneurial activities, land use changes, establishment of new enterprises in Karabakh, support for access to major retail chains, establish relationships with new markets, facilitating experience exchange with foreign entrepreneurs, expanding industrial zone capabilities, improving public services, creating business incubators, and developing new support mechanisms for women and young entrepreneurs.

The meeting also tackled entrepreneurs' challenges and initiatives, offering detailed responses to their questions.