SMB

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

Another Training Held for Entrepreneurs Engaged in Export Activities Four More Entrepreneurs Exempted from Profit Tax on Innovation Activities Azerbaijan–Vietnam Business Council to Be Established Attention to SMEs Interested in Collaborating with Oil and Gas Companies! An event dedicated to the 102nd anniversary of the birth of Heydar Aliyev was held at KOBIA Entrepreneurs’ Questions Regarding the 7th Grant Competition Addressed A Meeting Was Held with Female Inmates at Penitentiary Institution No. 4 of the Penitentiary Service A Memorandum of Understanding Signed Between KOBIA and the Belarusian Universal Commodity Exchange JSC The Path to Entrepreneurship – Take Your First Step into Business with the Self-Employment Program Attention to the SMBs with questions regarding the 7th Grant Competition

SMBDA representatives held several meetings in Germany 12.02.20

Orkhan Mammadov, Chairman of the Board of the Small and Medium Business Development Agency (SMBDA)of the Republic of Azerbaijan, met with Achim Michel, representative of the German Federal Association of Small and Medium Enterprises (BVMW) responsible for Bavaria.

The meeting provided information about the activities of the two organizations, the support measures implemented for SMBs, and highlighted that the association is interested in cooperation with SMBDA. The sides exchanged views on organizing joint activities with the participation of SMBs, implementation of tourism and ICT projects, and experience of SMB financing.

Discussions were held on the exchange of experience in the field of clustering at the meeting with Horst Domdey, head of the "BioM Biotech" Cluster Development Center of Germany. It was reported that several concessions are planned for SMB clusters in Azerbaijan, and SMBDA is an authorized body issuing the certificate of confirmation in this area. The German side highlighted the support for clusters operating in the pharmaceutical and other fields in Bavaria. The meeting discussed the exchange of experience in providing consulting services to start-ups and the organization of study tours.