SMB

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

Interest in SME Houses as an innovative model in the field of business services is increasing Additional 55 people were engaged in training within the framework of the “Karabakh SME 2026” project More than 312,000 services were provided to entrepreneurs in SME Houses in the first half of 2026 Applications of entrepreneurs were considered at KOBİA In the first half of 2026, the KOBİA Call Centre via number 131 responded to approximately 5,000 enquiries The next meeting within the framework of the "Investment Journey" project was held in the city of Aghsu Business projects that have received the "Startup" Certificate are developing More than 50 meetings with entrepreneurs were organised in the first half of 2026 Another meeting with entrepreneurs was organised in the city of Mingachevir A production enterprise for test kits and medical plastic packaging products will be established

MoU on cooperation between KOBİA and Baku Business University signed 23.06.23

The Memorandum of Understanding (MoU) signed between KOBİA and Baku Business University is expected to expand practical links between science and the private sector, form business ideas among students, support the implementation of innovative initiatives, and promote volunteering.

As part of the "Graduates of 2023" event and career exhibition held at Baku Business University, a Memorandum of Understanding on cooperation was signed between the Small and Medium Business Development Agency (KOBİA) and the university.

The document was signed by Orkhan Mammadov, Chairman of the Board of KOBİA and Ibad Abbasov, Rector of Baku Business University. The document is intended to expand potential relations between science and the private sector, form business ideas among students, support the implementation of innovative initiatives, encourage the students for volunteering and carry out joint activities regarding other issues, and realize joint projects.

At the meeting with the students, Orkhan Mammadov, Chairman of the Board of KOBİA, expressed his views on encouraging young people to become entrepreneurs, the significance of business-oriented education to become a successful entrepreneur, the support and services provided by the Agency for starting and expanding a business. It was noted that the formation of educated and literate staff is among the factors directly affecting the development of the business environment. Encouraging entrepreneurs and people interested in starting business, especially young people, to entrepreneurship and business development is one of the main activities of KOBİA. In this field, the Agency provides support and services in the areas of enhancing business knowledge, expanding sales opportunities, protecting the interests of entrepreneurs, supporting innovative initiatives, training, consulting, conducting internal market research, awarding a grant, issuing a "Startup" certificate, etc. Young people seeking to start a business and expand their existing business activities can also benefit from above-mentioned supports.

KOBİA representatives also visited the career exhibition and honorary degrees were presented to outstanding students with great academic achievements.