SMB

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

A conference was held regarding the presentation of unified platform and the national standard for ESG A national standard on Environmental, Social, and Corporate Governance (ESG) has been adopted "KOB FEST" exhibition-sale fair held in Khachmaz A business plan – the key to successful and sustainable business "From Us to Business" startup competition is underway Meetings with entrepreneurs were held in Jalilabad and Goychay This year, entrepreneurs and individuals seeking to start business for the development of 220 business plans were supported A meeting with entrepreneurs was held in Quba "SMB FEST" exhibition-sale fair is underway in Khachmaz What should green business be like?

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.