SMB

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

Rising Interest of Youth in Entrepreneurial Activities The choice is simple: It must be locally produced, sold by the manufacturer, and the products must be fresh and high-quality Informational Flyers and Brochures Prepared by KOBIA Applications from entrepreneurs working in agriculture, industry, and services have been reviewed The implementation of Aghdash district’s business opportunities was discussed with the participation of entrepreneurs Woman entreprenuers strengthening their role in economy with the state support SME Bazaar fair began its activity The results of the startup competition "From us to business" have been announced Rwandan delegation got acquainted with activities of the "Baku SMB House" "Investment journey" event took place in Masalli

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.