SMB

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

Investment opportunities expand: the investment promotion mechanism now covers 17 strategic directions The territories liberated from occupation provide extensive opportunities for investors A blood donation campaign dedicated to Remembrance Day was held Delegation of representatives of the RIYADA organization from Oman visited “Baku SME House” Volunteer blood donation campaign will be held Entrepreneurs can apply to SME Houses to obtain licenses KOBİA representatives participated in an international seminar held in Turkey The next meeting of the permanent Coordination Group operating under KOBİA was held The next professional trainings within the framework of the “Karabakh SMEs 2026” project have been completed The provision of consulting services for entrepreneurs continues

New areas of cooperation were discussed between SMBDA and GIZ 17.01.20

Orkhan Mammadov, Chairman of the Board of Small and Medium Business Development Agency (SMBDA), met with Sonia Fontaine, Country Director of the German Society for International Cooperation (GIZ) in Azerbaijan.

Cooperation realized towards the development of small and medium businesses (SMBs) between SMBDA and GIZ, and participation and support of GIZ in new events and projects implemented by the Agency were discussed at the meeting. An exchange of views was held on GIZ technical support for SMB Development Centers, which is under construction by SMBDA, organizing training events on the agricultural sector and women entrepreneurship, expanding cooperation in the field of development of incubators and accelerators.