SMB

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

Winners of the Startup Competition Held Within the Framework of the Islamic Development Bank Group Annual Meetings Announced HELF and AZHAB Forums Held in Baku During the 51st Annual Meetings of the Islamic Development Bank Group 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 An online meeting of the Management Board of the CICA Business Council was held What is the support amount paid for conducting an internal market study and on what basis is this amount determined? The appeals of entrepreneurs from the Gazakh–Tovuz economic region were heard

Over a thousand SMBs, startups, and aspiring entrepreneurs received training and consulting services in the field of entrepreneurship. 12.07.24

In the first half of 2024, 75 training sessions were organized, 2293 hours of consulting services were provided, and 152 business plans were developed.

The Small and Medium Business Development Agency (KOBİA) organized 75 training sessions for around 800 participants to help entrepreneurs, startups, and those starting a business acquire new skills and improve existing ones. The training covered topics such as business startup, project management, financial management, sales, marketing, digital skills, "green economy, "and others.

During this period, 32 entrepreneurs and managers completed a training course in Germany under the “Business Cooperation with Germany” Program to gain international experience.

On the Agency's video training platform, 48 entrepreneurs and individuals aspiring to start a business have benefited from the free online training videos.

Consulting services totaling 2,293 hours have been provided to 208 entrepreneurs and individuals aspiring to start a business on topics including sales channels, marketing, business planning, accounting, and legal issues.

In the first half of this year, KOBİA supported the free preparation of 152 business plans in the areas of agriculture, manufacturing, services, and other sectors.

Overall, in the first half of 2024, more than 1000 SMB, startups, and individuals seeking to launch a business benefited from the support and services provided by the Agency to enhance business knowledge and skills among SMBs.