SMB

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

Interest in SME Houses as an innovative model in the field of business services is increasing Additional 55 people were engaged in training within the framework of the “Karabakh SME 2026” project More than 312,000 services were provided to entrepreneurs in SME Houses in the first half of 2026 Applications of entrepreneurs were considered at KOBİA In the first half of 2026, the KOBİA Call Centre via number 131 responded to approximately 5,000 enquiries The next meeting within the framework of the "Investment Journey" project was held in the city of Aghsu Business projects that have received the "Startup" Certificate are developing More than 50 meetings with entrepreneurs were organised in the first half of 2026 Another meeting with entrepreneurs was organised in the city of Mingachevir A production enterprise for test kits and medical plastic packaging products will be established

SMBDA and Ukraine Chamber of Commerce and Industry signed a document on cooperation 31.01.20

Representatives of the Small and Medium Business Development Agency (SMBDA) of the Republic of Azerbaijan attended the 12th meeting of the Azerbaijan-Ukraine Intergovernmental Commission on Economic Cooperation, and the round table organized within the event in Kyiv.

Speaking at the meeting of the Commission, and the Ukraine-Azerbaijan round table, Orkhan Mammadov, Chairman of the Board of SMBDA, highlighted that both countries have great potential in small and medium business (SMB), and the importance of organizing various activities to expand relations among SMBs, and provided information about the state support for the development of the SMB sector in the country and the activities of SMBDA in this area. SMBDA made proposals on identification of areas of cooperation, establishment of the Azerbaijani-Ukrainian Business Council to build direct and close relations among entrepreneurs, establishment of active relationships among business associations, studying the experience of Ukraine in the field of public-private partnership, and establishment of joint ventures to develop relations between our countries in the field of SMB.

SMBDA and the Ukrainian Chamber of Commerce and Industry signed a memorandum of cooperation within the 12th meeting of the Azerbaijan-Ukraine Intergovernmental Commission on Economic Cooperation. Issues related to the exchange of information and experience, and organization of joint activities to expand cooperation between SMBs are envisaged in the document signed between Orkhan Mammadov, Chairman of the Board of SMBDA, and Gennady Chizhikov, the president of the Ukrainian Chamber of Commerce and Industry.