SMB

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

Today International Day of Micro, Small and Medium-sized Enterprises is marked An exhibition showcasing products and services from over 150 domestic companies is currently underway. The product of artificial intelligence for intelligent search has been developed in Azerbaijan. The "Investment Journey" event took place this time in the city of Sheki Meeting with Students of Baku Business University The "Advertising Exhibition of Local Companies" launches Importance of applying Environmental, Social, and Corporate governance principles for business Exhibition-sale fairs will be held in the regions of the country A document was signed between KOBİA and the Belarusian Chamber of Commerce and Industry The number of entities awarded with the "Startup" certificate has reached 151

SMB Development Center supporting the creation of new business entities 04.09.20

The Small and Medium Business Development Agency (SMBDA) of the Republic of Azerbaijan continues to support the creation of new business entities.

The Khachmaz SMB Development Center of SMBDA involves people interested in starting business to create new business entities, selects the appropriate field of activity according to their potential, and provides support in terms of documentation, registration, access to financial resources and other areas for the establishment of a sole proprietorship or a limited liability company (LLC). With the support of the Khachmaz SMB Development Center, which started operating in February 2020, 4 sole proprietorships and 5 LLCs have been established in the Guba-Khachmaz economic region so far.

The newly established business entities operate in the fields of services, trade, education, production of containers for packaging of agricultural products, online sales of household appliances, delivery of dairy products on order, production and export of tomatoes, customs representation.

Note that in addition to supporting the establishment of business entities, the SMB Development Centers provide training and consulting services for those who want to start a business, including for micro, small and medium entrepreneurs to build and develop business, and provide support and services in areas such as information, coordination, access to financial resources, etc.