SMB

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

Winners of the Startup Competition Held Within the Framework of the Islamic Development Bank Group Annual Meetings Announced 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

SMBDA is ready to support business initiatives of women entrepreneurs in the liberated territories 25.01.22

A conference on "The role of women's entrepreneurship in the economic development of Karabakh and East Zangazur" was organized by the New Azerbaijan Party and the Parliamentary Committee on Family, Women and Children.

At the event with the participation of relevant government agencies, parliamentarians and women entrepreneurs, Chairman of the Board of the Small and Medium Business Development Agency (SMBDA) Orkhan Mammadov informed about the support and services provided by the Agency to women entrepreneurs. It was noted that taking into account the development priorities and national characteristics of the country's economy, SMBDA is taking appropriate measures to promote the development of women's entrepreneurship and increase the number of women among small and medium entrepreneurs. In 2021, about 9,000 women entrepreneurs and women wishing to start their own businesses benefited from the trainings organized by the Agency's SME Development Centers, including 65 women within the "My School" project jointly implemented by SMBDA, the State Employment Agency and the United Aid for Azerbaijan (UAFA). 3 women entrepreneurs were awarded grants and 4 women entrepreneurs were awarded Startup certificates. SMBDA is ready to support women entrepreneurs to contribute to the socio-economic development of the Karabakh and East Zangazur economic regions.