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?

Organization for Economic Cooperation and Development Presents SMB House Model as an Advanced Innovative Experience 26.07.24

Information about SMB houses as an exemplary model of Azerbaijan in the field of entrepreneurship services was published on the organization's website.

The SMB House model from Azerbaijan has gained international recognition and success. SMB houses were evaluated as one of the advanced innovation practices in the competition conducted by the OECD's Observatory of Public Sector Innovation, experts and shared it on the organization's website as an exemplary model of Azerbaijan (https://oecd-opsi.org/innovations/single-support-service-model-for-smes-sme-house/).

The website of the Observatory of Public Sector Innovation has featured a section dedicated to sharing ideas and innovations since 2003. This section highlights innovations from nearly 90 countries, including the SMB houses managed by the Small and Medium Business Development Agency (KOBİA) in Azerbaijan.

The website presents SMB houses as comprehensive centers offering a range of services to small and medium-sized enterprises, including business planning, startup support, management, and business development. The integration and coordination of public and private sector resources on a single platform to contribute SMB sector growth is recognized as a distinctive and innovative approach.

It worth noting that the OECD Observatory of Public Sector Innovation, established in 2011, is a global forum that supports the implementation and promotion of advanced innovations in the public sector.