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We believe Azerbaijan’s socio-economic development is closely linked with entrepreneurship and its future development!
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 Meetings with entrepreneurs were held in Jalilabad and Goychay This year, entrepreneurs and individuals seeking to start business for the development of 220 business plans were supported A meeting with entrepreneurs was held in Quba "SMB FEST" exhibition-sale fair is underway in Khachmaz What should green business be like?
New business assositions created 24.07.20
New business assositions created


“Association of sand, gravel and stone producers” Public Union, “Association of Azerbaijan jewelers” Public Union and “Chain Stores” Public Union were established by the initiative and with the support of the Small and Medium Business Development Agency (SMBDA) of the Republic of Azerbaijan.

All three business associations have been registered with the state and have already started their activity.

The new associations were created to support the development of relevant sectors, to promote and restructuring initiatives in these sectors, to coordinate with entrepreneurs, especially small and medium-sized businesses, and to expand cooperation between them.

It should be noted that the “strategic road map on the production of consumer goods at the level of small and medium enterprises in the Republic of Azerbaijan” envisages the creation of new business associations and strengthening the activity of existing associations. SMBDA closely cooperates with business associations and promotes the creation of business associations among entrepreneurs. Most of the 15 organizations represented in the Public Council under the agency are sectoral associations operating in various sectors of the economy.

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