SMB

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

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

"SMB Friend" launched in Kurdamir 27.01.20

"SMB Friend" of the Small and Medium Business Development Agency (SMBDA) of the Republic of Azerbaijan has started its activity on January 27 in Kurdamir. Thus, the number of “SMB Friends” in the country has reached 21.

Orkhan Mammadov, Chairman of the Board of SMBDA, speaking at the event attended by SMBDA, local executive power and entrepreneurs, briefed on the activities of the Agency, the measures taken to support SMBs, and services provided by SMB Friends to entrepreneurs in the regions, and encouraged them to actively cooperate with “SMB Friend”. It was informed that the expansion of the "SMB Friend" network would continue in 2020, and this tool to be launched in several more cities and regions of the country.

Jeyhun Jafarov, Head of Kurdamir Region Executive Power, informed about socio-economic development of Kurdamir and entrepreneurial activities in the region and emphasized that SMB friend would be a useful support mechanism for entrepreneurs and startups.

The event featured a video clip on "SMB Friend" mechanism, domestic market research, and answered the entrepreneurs' questions.

Then, the participants got acquainted with the “SMB Friend” office, which operates at the Heydar Aliyev Center. There have been set up all necessary facilities to receive entrepreneurs' applications, and provide them with relevant services within the state support mechanisms. As in other SMB Friend offices, SMB Volunteers will also operate in the office in Kurdamir.

A survey was also conducted to inquire into entrepreneurs' problems and proposals during the events.