SMB

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

HELF and AZHAB Forums Held in Baku During the 51st Annual Meetings of the Islamic Development Bank Group 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 An online meeting of the Management Board of the CICA Business Council was held What is the support amount paid for conducting an internal market study and on what basis is this amount determined? The appeals of entrepreneurs from the Gazakh–Tovuz economic region were heard A service desk of the Ministry of Agriculture has started operation at the Khudat Service Center of the “Khachmaz SME House”

SMBDA has signed two documents during the forum 03.06.21

The Small and Medium Business Development Agency (SMBDA) of the Republic of Azerbaijan has performed several meetings and signed two documents on cooperation during the 24th St. Petersburg International Economic Forum held in St. Petersburg.

At the meeting between the Chief executive officer of the Qatar Development Bank Abdulaziz Nasir Al-Khalif with the chairman of the SMBDA Board Orhan Mammadov, opportunities for cooperation have been discussed, and a Memorandum of Understanding in the area of cooperation between the Qatar Development Bank and the Agency has been signed. The document provides for the exchange of experience in supporting the access of SMBs to financial and sales markets, the implementation of joint initiatives, etc.

During the forum, a Cooperation Agreement has also been signed between SMBDA and the Russian “Roscongress” Foundation. According to the Agreement, the parties will cooperate in areas such as arranging effective communication between business communities, mutual consultations, and information and expert support.