SMB

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

Attention to manufacturers wishing to showcase their products and services free of charge at the 'Caspian Agro' and 'InterFood Azerbaijan' exhibitions! Our country will be represented by this Startup in AIM Congress International Startup Congress Rising Interest of Youth in Entrepreneurial Activities The choice is simple: It must be locally produced, sold by the manufacturer, and the products must be fresh and high-quality Informational Flyers and Brochures Prepared by KOBIA Applications from entrepreneurs working in agriculture, industry, and services have been reviewed The implementation of Aghdash district’s business opportunities was discussed with the participation of entrepreneurs Woman entreprenuers strengthening their role in economy with the state support SME Bazaar fair began its activity The results of the startup competition "From us to business" have been announced

SMBDA signed three Memorandum of Understanding on cooperation with relevant Italian organizations 21.02.20

Italy-Azerbaijan Business Forum organized in Rome as a part of the state visit of the President of the Republic of Azerbaijan to Italy also discussed the prospects for cooperation in the field of small and medium business (SMB).

Speaking at the event, Orkhan Mammadov, Chairman of the Board of the Small and Medium Business Development Agency (SMBDA) of the Republic of Azerbaijan, highlighted the potential for expanding cooperation between our countries in the field of SMBs and noted the opportunities to create a joint cooperation platform for this purpose, implementation of technology and innovation projects, exchange of information on potential investment projects, arrangement of the visits of Azerbaijani SMBs to Italy and organizing study tours to enterprises and training events for entrepreneurs, and establishment of joint ventures in Azerbaijan with the participation of SMBs of both countries.

SMBDA and the International Network for Small and Medium Enterprises (INSME) signed the Memorandum of Understanding within the business forum. The document envisages the measures providing ample opportunities for Azerbaijani SMBs to gain access to the markets of the member countries to INSME.

Memorandums of understanding signed between the Small and Medium Business Development Agency (SMBDA) and the Italian Internationalization Agency (Promos Italia) include the cooperation in the fields such as mechanisms to promote microcredit tools for SMBs, innovative lending, export support measures, organization of training and consulting services, development of professional skills of SMBs, and implementation of joint projects.