SMB

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

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 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

"Prosperous Absheron" Project in Pirshagi 03.05.21

This time, the Pirshagi residents took advantage of the Prosperous Absheron project implemented jointly by the Small and Medium Business Development Agency (SMBDA) and Baku Maintenance Service LLC.

Rosemary plants were donated to families living in Pirshagi with the participation of the Chairman of the SMBDA Board Orkhan Mammadov and Director of Baku Maintenance Service LLC Binnat Ali Gasimov. More than 10,000 rosemary plants have already been donated to 40 families, 250 each. In the coming months, the number of such families will increase, and the number of plants given to each family will reach 500.

Note that each family will take care of these plants for a certain monthly fee. In 6-12 months, plants will be taken from families and can be replaced with new ones if they wish so.

The Prosperous Absheron project is aimed at supporting the development of self-employment and households, additional income for low-income families, as well as the growth of greenery and the development of plant breeding and processing in agriculture.

The Prosperous Absheron project's significance in the current coronavirus (COVID-19) pandemic conditions is that families earn additional income and support the family budget by growing plants in their backyards without leaving their homes.

Plants grown under the project are currently used in the landscaping of Baku and adjacent territories, as well as processed into various cosmetic products and oils.

In total, more than 600 low-income families living in Balakhani, Zira, Novkhani, Amirjan, Ramana, and Pirshagi received about 270,000 different plants (lavender, rosemary, etc.) under the Prosperous Absheron project implemented from 2019.

It is worthy of note that the Prosperous Absheron project is implemented within the framework of the cooperation agreement concluded in 2019 between Birge Invest LLC established by SMBDA and Balakhani Green Garden operating under Baku Maintenance Service LLC.