SMB

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Startup Competition Launched Within the Framework of the IsDB Annual Meetings HELF/AZHAB Forum 2026 to Be Held Within the Framework of the IsDB Group Annual Meetings in Baku A meeting with entrepreneurs was held in the Khizi district For the attention of micro and small entrepreneurs wishing to present their products and services at the “Local Companies Promotion Exhibition!” ANNOUNCEMENT WUF13 Hosts Awareness Event for Entrepreneurs The project “Women Entrepreneurs in Successful Partnership” has been completed Growing role of women in business: from state support to sustainable development Rwandan Delegation Familiarized with the SMB House Model A survey is being conducted among startups

SMBDA to expand the scope of services provided to entrepreneurs in the regions 04.03.21

On March 4, a final conference on the European Union-funded ‘Accelerating Development of Sustainable Microenterprises in Azerbaijani Regions’ project was held, arranged by the Azerbaijan Microfinance Association (AMFA).

At the event, the Chairman of the Board of the Small and Medium Business Development Agency (SMBDA) Orkhan Mammadov has informed about the support and services provided by the Agency to businesses in the regions and underlined that the scope of support mechanisms will expand. He has noted that micro and small enterprises make up the overwhelming majority of business entities operating in our country, especially in the regions. The successful micro and small business activities in the regions play an important role in ensuring the welfare and employment of the local population. The main Agency’s priorities in this area are ensuring the development of micro and small businesses, especially in the regions, as well as expanding the knowledge and skills of entrepreneurs and their access to financial resources and markets. The Agency provides local support and services to entrepreneurs through SMB houses, SMB development centers, and the SMB Friend network operating in the regions. Measures are being taken to expand the scope of the Agency's support mechanisms in the regions.

Orkhan Mammadov also noted that as part of the ‘Accelerating Development of Sustainable Microenterprises in Azerbaijani Regions’ project, the Agency arranged training and financing micro-entrepreneurs in cooperation with SME development centers.