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 representative attended the World Entrepreneurs Investment Forum 20.11.19

World Entrepreneurs Investment Forum and Youth Business Hub Entrepreneurship Investment Summit were held in Manama, Bahrain with the organization of the United Nations Industrial Development Organization and the Islamic Cooperation Youth Forum.

Discussions were held with the participation of state representatives, international organizations, investors, and young entrepreneurs on various topics, including the role of young entrepreneurship in national development strategies, the formation of the financial infrastructure of the Industrial Revolution, etc.

Speaking at the forum entitled "Entrepreneurship in OIC member countries: Key Challenges and Prospects", Mehman Abbas, Deputy Chairman of the Board of Small and Medium Business Development Agency of the Republic of Azerbaijan (SMBDA), informed about the development of entrepreneurship in the country, and the work and support mechanisms carried out to expand their access to relevant knowledge and technologies, financial resources and sales markets.