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 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.