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 supports the activity of the Virtual Entrepreneurship Fair 18.12.20

On December 18, the Virtual Entrepreneurship Fair was launched with the participation of 100 entrepreneurs dealing with 20 business activities demonstrated more than 500 products.

The fair is held within the European Union funded project “Accelerating development of sustainable micro-entrepreneurship in rural regions of Azerbaijan”.

The Small and Medium Business Development Agency (SMBDA) took part in the online event organized by Azerbaijan Micro-finance Association and National Confederation of Entrepreneurs (Employers) organization of the Republic of Azerbaijan in an attempt to inform manufacturers, suppliers, consumers and relevant structures about the Virtual fair.

Speaking at the event, Orkhan Mammadov, Chairman of the Board of SMBDA, stressed that the Agency supports platforms that support the development of micro-entrepreneurship, and expressed confidence that the project, which provides for geographical expansion and support for the implementation of a wide range of products, will be useful. He noted that most participants in the fair are women entrepreneurs, which is especially important for the organization of the platform in the current pandemic. Micro-entrepreneurs represented in the project will benefit from the support of research on the internal SMB market, free access to the services of the SMB development center, comprehensive on-site support through the "SMB Friend" network, as well as the use of the Agency's online sales platform, which will begin its work soon.

The Chairman of the Azerbaijan Micro-finance Association Jalal Aliyev, President of the National Confederation of Entrepreneurs (Employers) organization of the Republic of Azerbaijan Mammad Musayev, head of the European Union delegation in Azerbaijan, Ambassador Kestutis Jankauskas, Chairman of the State Committee of the Nakhchivan Autonomous Republic for family, women, and children Ramila Seyidova, Kristina Lockhart of the Department of Sustainable Development and Social Development of the Islamic Development Bank and others took part in the online event, dedicated to the opening of the Virtual Entrepreneurship Fair.