SMB

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The most active entrepreneurs of 2024 have been awarded A citizen reception was held at KOBİA Results of the 6th grant competition announced for financing projects by SMB entities have been disclosed A memorandum on the green transition of SMBs signed between KOBİA and the Asian Development Bank Business forum conducted within the framework of the project "Increasing attractiveness of the Shamakhi district for private Investments" New Startups Contributing to Digitalization The 9th "KOB Fest" exhibition -sales fair is underway in Göyçay With the support of KOBİA, Azerbaijani entrepreneurs' products were showcased at the "MÜSİAD EXPO" and "Halal Expo" exhibitions Yet another meeting of the sub-group on Environmental, Social, and Corporate Governance (ESG) standards was held 8 more SMBs have received the "Startup" certificate

Presentation held on Conceptual Framework Document for the Public-Private Partnership held 24.01.20

On January 24, the Small and Medium Business Development Agency (SMBDA) under the Ministry of Economy, hosted a presentation of the draft conceptual framework document on the public-private partnership at the Baku Business Center.

International experts provided detailed information on the conceptual framework document, the backbone and importance of PPP projects at the event organized with the participation of relevant government agencies, representatives of the Baku office of the European Bank for Reconstruction and Development (EBRD) and stakeholders in public-private partnership projects. It was noted that the document was prepared with the support of the EBRD, taking into account the experience of developed countries. The document outlines the key principles of the projects, implementation mechanisms and evaluation criteria.

Orkhan Mammadov, Chairman of the Board of SMBDA, noted that application of public-private partnership model in various sectors of the economy is also envisaged in the strategic road maps, and the Center for Development of Public-Private Partnership has been established in the structure of the Agency to ensure systematic activities in promoting and supporting public-private partnership projects; and highlighted that such projects create new opportunities for small and medium businesses.

The event served as an opportunity to hold discussions on the draft conceptual framework document, and to hear suggestions.