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

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.