SMB

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

Investment opportunities expand: the investment promotion mechanism now covers 17 strategic directions The territories liberated from occupation provide extensive opportunities for investors A blood donation campaign dedicated to Remembrance Day was held Delegation of representatives of the RIYADA organization from Oman visited “Baku SME House” Volunteer blood donation campaign will be held Entrepreneurs can apply to SME Houses to obtain licenses KOBİA representatives participated in an international seminar held in Turkey 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

Opportunities for cooperation with the Asian Development Bank (ADB) in the field of SMB were discussed 28.01.20

A meeting was held with the delegation led by Joao Pedro Farinha, the chief economist of the Central and West Asia Department of the Asian Development Bank, at the Small and Medium Business Development Agency (SMBDA) of the Republic of Azerbaijan.

The meeting provided information on the measures to develop small and medium businesses in our country and discussed opportunities for cooperation with SMBDA within the new Partnership Strategy for Azerbaijan of Asian Development Bank. Furthermore, the parties at the meeting exchanged views on the improvement of knowledge and skills of SMBs, expansion of access to financial resources and markets, perspectives of cooperation on development of public-private partnership projects and other areas of mutual interest, as well as projects.