SMB

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

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 WUF13 Hosts Awareness Event for Entrepreneurs The project “Women Entrepreneurs in Successful Partnership” has been completed Growing role of women in business: from state support to sustainable development Rwandan Delegation Familiarized with the SMB House Model A survey is being conducted among startups

"SMB Friend" Network to be expanded 29.01.20

In 2019, "SMB Friends" of the Small and Medium Business Development Agency (SMBDA) were launched in 10 cities and regions of the country. At present, the total number of SMB Friends, one of the main support mechanisms of SMBDA for entrepreneurs, is 21.

Last year, "SMB Friends" held 34 meetings and provided about 450 itinerant services in 14 cities and regions to discuss issues and proposals SMBs faced within the public-private cooperation platform.

Last year, the Agency received over 1,500 applications through the "SMB Friend" network. these applications were related to access to finance (34%), legal aid and consulting services (33%), protection of rights (18%), and educational issues (15%). Respective measures were taken in coordination with the relevant government agencies.

It is planned to expand the "SMB Friend" Network, and launch this mechanism in several other cities and regions of the country in 2020.

Note that emerging "SMB Friend" network since 2018, provides support and services to SMBs to establish business, expand existing business activities, identify potential investment projects and implement them through SMBs, protect interests of SMBs, raise awareness on state support mechanisms among other areas.