SMB

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

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 Is it necessary to obtain a license for every type of business activity? Free business trainings for entrepreneurs will be held in September Issuance of investment promotion document for strategic investment projects continues Appeals from entrepreneurs of the Lankaran-Astara Economic Region were heard Another 10 SME entities will benefit from a tax exemption Domestic market research in 10 areas will be conducted on the initiative of KOBİA For the attention of entrepreneurs operating in Astara and Lankaran cities!

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.