SMB

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

Meeting was held with citizens joined the self-employment programme in Gabala More than 800 business entities and potential entrepreneurs have attended the business trainings Entrepreneurs engaged in production are invited to the training of the SMB Model Enterprise “Unibroad” educational platform among the best startups around the world The Azerbaijani startup produced the “Sculptor” device The startup to represent our country unveiled at "AIM Congress" Meeting was held with Samukh entrepreneurs, with the SMB friend office goes operational More than 99 thousand services provided to entrepreneurs at the SMB houses in Q1 of current year A survey is conducted among foreign trade participants Awareness-raising event organized by the Electronic Security Service at KOBİA

Meetings held between SMBDA and relevant Hungarian authorities 14.02.20

Representatives of the Small and Medium Business Development Agency (SMBDA) of the Republic of Azerbaijan held several meetings with relevant Hungarian institutions within the 7^th meeting of the Joint Commission on Economic Cooperation between the Government of the Republic of Azerbaijan and the Government of the Republic of Hungary held in Budapest.

Discussions were held on conducting joint events, market research methodology and financing mechanisms for SMBs dealing with export, cooperation between SMBs operating in the field of agriculture, industry, ICT and healthcare, development of joint action plan and the visit of the delegation from HEPA to Baku at the meeting of Orkhan Mammadov, Chairman of the Board of SMBDA, organized with Balázs Hendrich, Chief Executive Officer of the Hungarian Export Promotion Agency.

Note that SMBDA and HEPA signed a Memorandum of Understanding during the 7th Summit of the Cooperation Council of Turkic Speaking States held in Baku in 2019.

Meeting between Attila Galambos, President of the Western Balkan Committee of the Hungarian Chamber of Commerce and Industry, and representatives of SMBDA, provided information about the activities of the Agency, exchanged views on the organization of joint events and missions, the establishment of a common platform for the development of joint ventures with Hungarian companies in the field of agriculture and food industry in our country, as well as development of cooperation between the SMB entities of the two countries, and invited Hungarian companies to actively use favourable business and investment climate in our country.

Issues were also included in the agenda on the expansion of opportunities for cooperation between SMBs and relevant agencies of both countries.