SMB

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

The most active entrepreneurs of 2024 have been awarded A citizen reception was held at KOBİA Results of the 6th grant competition announced for financing projects by SMB entities have been disclosed A memorandum on the green transition of SMBs signed between KOBİA and the Asian Development Bank Business forum conducted within the framework of the project "Increasing attractiveness of the Shamakhi district for private Investments" New Startups Contributing to Digitalization The 9th "KOB Fest" exhibition -sales fair is underway in Göyçay With the support of KOBİA, Azerbaijani entrepreneurs' products were showcased at the "MÜSİAD EXPO" and "Halal Expo" exhibitions Yet another meeting of the sub-group on Environmental, Social, and Corporate Governance (ESG) standards was held 8 more SMBs have received the "Startup" certificate

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.