SMB

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

The role of SMBs in the Transition to the Green Economy Within the framework of COP29, a panel discussion was held on the topic “The Role of SMBs in the Green Economy” KOBİA and the "Invest Bulgaria" Agency to collaborate Within the framework of COP29, the documents for collaboration were signed to support the green transition of SMBs Representatives of the International Trade Centre (ITC) paid the visit to "Baku SMB House" A conference was held regarding the presentation of unified platform and the national standard for ESG A national standard on Environmental, Social, and Corporate Governance (ESG) has been adopted "KOB FEST" exhibition-sale fair held in Khachmaz A business plan – the key to successful and sustainable business "From Us to Business" startup competition is underway

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.