SMB

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

Today International Day of Micro, Small and Medium-sized Enterprises is marked An exhibition showcasing products and services from over 150 domestic companies is currently underway. The product of artificial intelligence for intelligent search has been developed in Azerbaijan. The "Investment Journey" event took place this time in the city of Sheki Meeting with Students of Baku Business University The "Advertising Exhibition of Local Companies" launches Importance of applying Environmental, Social, and Corporate governance principles for business Exhibition-sale fairs will be held in the regions of the country A document was signed between KOBİA and the Belarusian Chamber of Commerce and Industry The number of entities awarded with the "Startup" certificate has reached 151

SMBDA received over 1,300 applications in March-April 07.05.20

SMBDA received over 1,300 applications in March-April 07.05.2020

From March to April this year, the Small and Medium Business Development Agency (SMBDA) of the Republic of Azerbaijan received 746 applications regarding the following concerns, 370 - coronavirus pandemic and related issues, including the difficulties faced by entrepreneurs due to the pandemic, and available state and financial support measures for entrepreneurs, 225 - development of entrepreneurship, 105 – entrepreneurship related issues, 50 - support and services provided by SMBDA to entrepreneurs, as well as other matters.

During March-April, SMBDA received 598 applications at Call Center (131) with the following applications (299 - coronavirus pandemic and related issues, including the difficulties faced by entrepreneurs due to the pandemic and the financial support measures provided to them, 71 - support to start a business and expand existing businesses, 228 - the Agency's support mechanisms, access to finance, cooperation and other issues.

The applications received by SMBDA were answered in accordance with the legislation, and the applications requiring further investigation were reviewed by the structural units of the Agency and the relevant information was provided to the entrepreneurs.