SMB

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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

Sale of products manufactured by micro and small business entities organized in two more markets 21.09.23

Micro and small entrepreneurs seeking to sell their food and non-food products under preferential terms in large trade networks are encouraged to apply to KOBİA.

As part of measures to support the organization of the sale of products manufactured by micro and small business entities in large trade networks, permanent sales points were established in 2 more markets. Tea, cold-pressed oils, flour, spices, honey, vinegar, dried fruits, canned pickles and other products produced by about 10 micro and small business entities are currently sold at the sales points operating in the "Megastore" and "Bizim market" supermarket chains.

Thus, the number of permanent sales points established to support the sale of products of micro and small business entities in large trade networks as part of state support mechanism has reached 8. Currently, the products of more than 25 micro and small entrepreneurs are sold in these sales points. In order to support the organization of the sale of the products of SMBs in large trade networks, negotiations are being held with trade networks to raise the number of sales points.

It is worth highlighting that support for expanding the sale of products manufactured by micro and small business entities in trade networks is performed in accordance with the Rule approved by the Decree of the President of the Republic of Azerbaijan dated December 1, 2021. Pursuant to the rule, state support is provided by the Small and Medium Business Development Agency (KOBİA).

Micro and small business entities seeking to sell their food products in "Bravo" (3 permanent sales points), "Bolmart" (1 permanent sale), "Bizim market" (2 permanent sales points), "Megastore" trade chains (1 permanent sale point), and non-food products (souvenir, gift, jewellery, costume jewellery, toy, etc.) in "Sharq Bazaar" Shopping Center are encouraged to apply to KOBİA. For more information on the support mechanism for access to trade networks and available sales locations please visit the following link: https://bit.ly/3OOjF5F