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

Meeting with women entrepreneurs in Nakhchivan 16.08.24

The event featured a discussion on advancing women in entrepreneurship and an information was provided on state support measures and projects aimed at starting and developing businesses.

The meeting with women entrepreneurs was organized by the Nakhchivan regional coordinator of the SMB friend department of the Small and Medium Business Development Agency (KOBİA).

The meeting, which was represented by about 25 entrepreneurs, included representatives from KOBİA, the Ministry of Economy of the Nakhchivan Autonomous Republic, the Entrepreneurship Development Fund under the Ministry, the State Tax Service, the State Employment Agency, the executive authority of the city of Nakhchivan, the State Committee for Family, Women, and Children Affairs, the Association for the Development of Women’s Entrepreneurship in Azerbaijan, and accredited lending agencies.

The meeting addressed issues related to stimulating women's entrepreneurial activities, state support measures, and ongoing projects in this field, private sector initiatives, as well as the participants were provided with information on access to financial resources and markets for women entrepreneurs, and mechanisms to support their participation in exhibitions.

Additionally, women entrepreneurs shared their success stories, offered suggestions, and their questions were addressed.