SMB

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

A conference was held regarding the presentation of unified platform and the national standard for ESG A national standard on Environmental, Social, and Corporate Governance (ESG) has been adopted "KOB FEST" exhibition-sale fair held in Khachmaz A business plan – the key to successful and sustainable business "From Us to Business" startup competition is underway Meetings with entrepreneurs were held in Jalilabad and Goychay This year, entrepreneurs and individuals seeking to start business for the development of 220 business plans were supported A meeting with entrepreneurs was held in Quba "SMB FEST" exhibition-sale fair is underway in Khachmaz What should green business be like?

Opportunities for using the global SOURCE program within public-private partnership were presented 12.09.19

The Agency for Development of Small and Medium Business of the Republic of Azerbaijan (SMBDA) hosted a presentation delivered by international financial institutions on SOURCE program, considered to be a global platform for preparation and implementation of quality infrastructure projects within public-private partnership framework.

Currently, managed by the Swiss Fund for Sustainable Development, the SOURCE platform is used within public-private partnership framework for implementation of 284 infrastructure projects in 51 countries worldwide. Providing online connection to databases of the major international financial institutions, the platform ensures efficient cooperation opportunities with investors to attract foreign direct investments in respective countries. This platform also facilitates a development of centralized national database on projects of potential beneficiary organizations within public-private partnership framework.

At the presentation organized with the support of the Asian Development Bank Cédric van Riel, Program Manager of the Sustainable Infrastructure Foundation informed the audience about opportunities of the platform and expressed readiness for comprehensive cooperation to use this program in our country.

We need to note that within SMBDA, a Public-Private Partnership Development Center has been established. The main activities of the Center include preparation, implementation, efficient coordination of public-private partnership programs and projects with relevant beneficiary organizations, as well as awareness programs, improved knowledge and skills of all stakeholders including government agencies, along with expanding the involvement of small and medium business in those projects and support activities to attract investors for funding of the projects.