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

Opportunities for Cooperation discussed between SMBDA and TURKPA 03.03.20

Altynbek Mamaiusupov, Secretary-General of the Parliamentary Assembly of Turkic Speaking States (TURKPA), visited the Small and Medium Business Development Agency (SMBDA) of the Republic of Azerbaijan.

At a meeting with Orkhan Mammadov, Chairman of the Board of SMBDA, the parties shared information on the activities of TURKPA, support for SMBs in our country, and legislative initiatives of SMBDAs in this area, and exchanged views on cooperation between the Agency and relevant bodies of member countries of the Assembly, including Cooperation Council of Turkic Speaking States (CCTS), Turkish Small and Medium Enterprises Development Organization (KOSGEB), and “Damu” Entrepreneurship Development Fund of Kazakhstan.

The topics discussed at the meeting included the issues such as support to SMBDA to review the legislation of the TURKPA member-states in the field of small and medium businesses and alternative financing, organizing of joint events on social, women and youth entrepreneurship, and the participation of TURKPA in the events organized by the Agency.