SMB

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

Startup Competition Launched Within the Framework of the IsDB Annual Meetings HELF/AZHAB Forum 2026 to Be Held Within the Framework of the IsDB Group Annual Meetings in Baku A meeting with entrepreneurs was held in the Khizi district For the attention of micro and small entrepreneurs wishing to present their products and services at the “Local Companies Promotion Exhibition!” ANNOUNCEMENT WUF13 Hosts Awareness Event for Entrepreneurs The project “Women Entrepreneurs in Successful Partnership” has been completed Growing role of women in business: from state support to sustainable development Rwandan Delegation Familiarized with the SMB House Model A survey is being conducted among startups

Opportunities for entrepreneurial activities in regions : SME Friends, SME Development Agencies 26.05.25

There is an extensive infrastructure network of the Small and Medium Business Development Agency (KOBIA) for the aims of realization of existing business potential in the regions, creation of new SMEs and expansion of entrepreneurial activity, as well as support for investment initiatives of businessmen. Entrepreneurs seeking to embark on business activities or expand their existing ventures may apply for support and services through KOBIA’s SME Houses, the SME Friend network covering over 50 cities and districts, and the SME Development Centers.

It is worth noting that to date, KOBIA has allocated over 300,000 manats in grant funding to 18 projects implemented or currently ongoing in the regions. “Startup” certificates have been awarded to 40 entrepreneurial entities operating in regional areas. To support the promotion and sales of products and services, 16 exhibitions and fairs have been organized across the regions with the participation of nearly 930 business entities. Nearly 15 of the entrepreneurs who have benefited from the mechanism supporting access to retail chains are from the regions. Additionally, based on requests from entrepreneurs engaged in the production of new products and services in the regions, and on KOBIA’s own initiative, three domestic market research studies have been conducted.

To date, the Agency has organized over 3,000 free training sessions and up to 80,000 hours of consultancy services for entrepreneurs operating in the regions and individuals aspiring to start a business. Nearly 700 of the business plans developed with KOBIA’s support have been tailored for regional entrepreneurs or projects intended to be implemented in the regions.

To enhance awareness among regional entrepreneurs about innovations and current challenges in the business landscape, as well as existing government support mechanisms and to identify and address their issues, needs, and suggestions in collaboration with relevant institutions KOBIA has thus far organized nearly 580 sectoral meetings and awareness-raising events with the participation of over 20,000 entrepreneurs.