SMB

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

Today International Day of Micro, Small and Medium-sized Enterprises is marked An exhibition showcasing products and services from over 150 domestic companies is currently underway. The product of artificial intelligence for intelligent search has been developed in Azerbaijan. The "Investment Journey" event took place this time in the city of Sheki Meeting with Students of Baku Business University The "Advertising Exhibition of Local Companies" launches Importance of applying Environmental, Social, and Corporate governance principles for business Exhibition-sale fairs will be held in the regions of the country A document was signed between KOBİA and the Belarusian Chamber of Commerce and Industry The number of entities awarded with the "Startup" certificate has reached 151

More than 800 business entities and potential entrepreneurs have attended the business trainings 16.04.24

In Q1 of 2024, 75 trainings have been held, more than 200 consultation services have been provided, and more than 150 business plans have been built for entrepreneurs and startups.

In January-March of current year, 75 trainings have been organized by the Small and Middle Business Development Agency (KOBİA) for the purposes of increasing business knowledge of SMB entities and improving their level of awareness on entrepreneurship. Given the training needs of SMBs, the trainings mainly have covered sales, marketing, accounting, staff management, branding, application of business innovations, preparation of business plan, project management and other themes.

In this period 13 entrepreneurs and managers have attended the refresher training in Germany as part of "Business engagement Programme with Germany" of which KOBİA is a coordinator in order to master international practice. 45 entrepreneurs and startups have benefited from online training videos over the video training platform of the Agency free of charge.

In general, in Q1 of 2024, more than 800 business entities and potential entrepreneurs have taken part in trainings held with the organization by the Agency.

In this period 208 entities have been provided with consultation service for business establishment and growth. KOBİA has provided support to SMB entities for building 152 business plans.