SMB

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

The role of SMBs in the Transition to the Green Economy Within the framework of COP29, a panel discussion was held on the topic “The Role of SMBs in the Green Economy” KOBİA and the "Invest Bulgaria" Agency to collaborate Within the framework of COP29, the documents for collaboration were signed to support the green transition of SMBs Representatives of the International Trade Centre (ITC) paid the visit to "Baku SMB House" A conference was held regarding the presentation of unified platform and the national standard for ESG A national standard on Environmental, Social, and Corporate Governance (ESG) has been adopted "KOB FEST" exhibition-sale fair held in Khachmaz A business plan – the key to successful and sustainable business "From Us to Business" startup competition is underway

More than 99 thousand services provided to entrepreneurs at the SMB houses in Q1 of current year 09.04.24

Entrepreneurs have applied to the SMB houses mainly for necessary documents for business activity, tax and customs issues, and utility services.

In January-March of this year, entrepreneurs have been provided with more than 99 thousand services at the SMB houses. More than 80 thousand services have been provided by "Baku SMB House", around 15 thousand by "Yevlakh SMB House", while more than 4 thousand by "Khachmaz SMB House".

Around 91 thousand services provided at SMB houses have been rendered by the state institutions ("G2B"), while nearly 9 thousand thereof have been delivered by business institutions ("B2B"). The entrepreneurs have applied to the SMB houses mainly for obtaining licences and permits required for the business activity, permit blank for carrying out transportation, mark of distinction, tachygraphy cards and other documents, tax and customs issues, utilities and other payments, and business loan.

The level of satisfaction of entrepreneurs from services provided at the SMB houses is 98%.

Note that the SMB houses are included in the structure of the Small and Middle Business Development Agency (KOBİA). Currently, three SMB houses are operating in Baku, Khachmaz and Yevlakh cities. More than 300 "G2B" and "B2B" services necessary for entrepreneurial activity are provided by 52 state and private institutions in total at the SMB houses. The works in the direction of creation of the SMB houses in other major cities and regions of the country are underway.