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

Online meeting with Saatli entrepreneurs held 15.01.21

On January 15, a meeting was held between the entrepreneurs engaged in Cotton Production in Saatli district and the sectoral business associations with the organizational support of the Small and Medium Business Development Agency (SMBDA). Representatives of the Ministry of Agriculture, Saatli District Executive Authority and municipalities, SMBDA, Entrepreneurship Development Fund, Azerbaijani Association of Furniture Manufacturers, and 20 entrepreneurs engaged in Cotton Production in Saatli district took part in the online meeting.

At the online event, discussions were held on the use of the cotton plant body as a raw material in the furniture industry and manufacture of semi-finished boards, various opinions and suggestions were voiced, and the need for thorough research in this field was stressed. Also, proposals on the establishment of enterprises for processing of fiber-free cotton seeds and the development of oil products from cotton seeds, sunflower, and corn crops were brought to the attention. It was noted that research should be carried out for the establishment of these enterprises, economic efficiency and competitiveness of products should be evaluated.

At the event, questions of entrepreneurs were answered within the framework of the public-private partnership platform, and it was noted that during January-March, SMBDA will organize various educational and awareness-raising events on the internal market research for entrepreneurs of Saatli district.