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

Meetings held with entrepreneurs in Shamakhi, Yardimli, and Gazakh 27.08.24

During the meetings, discussions were held with entrepreneurs involved in potato farming on issues such as irrigation, insurance, and business financing.

The Small and Medium Business Development Agency (KOBİA), with the participation of relevant state institutions, continues to hold meetings with entrepreneurs from various sectors in the regions. Meetings were held in the Shamakhi, Yardimli, and Gazakh districts with the participation of about 80 entrepreneurs.

During the meetings with potato farmers held in Gazakh and Yardimli districts, the difficulties faced by farmers were heard, and discussions were held on irrigation, field insurance, and state support mechanisms. Representatives of organizations participating in the event answered farmers’ questions and discussed their initiatives. Access to financial resources was discussed at a meeting held at the entrepreneurs’ farm in Meysari village of the Shamakhi district.

Entrepreneurs were informed about concessional loans provided by the Entrepreneurship Development Fund and other state structures, as well as other ways to support the financing of their business. During the meeting, the challenges and initiatives of the entrepreneurs were heard, and their questions were subsequently answered. Additionally, the entrepreneurs got acquainted with the farm and exchanged experiences.