SMB

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

HELF and AZHAB Forums Held in Baku During the 51st Annual Meetings of the Islamic Development Bank Group 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 An online meeting of the Management Board of the CICA Business Council was held What is the support amount paid for conducting an internal market study and on what basis is this amount determined? The appeals of entrepreneurs from the Gazakh–Tovuz economic region were heard A service desk of the Ministry of Agriculture has started operation at the Khudat Service Center of the “Khachmaz SME House”

SMBDA to Support New Business Initiatives Promoting Legal Entrepreneurship and Formal Employment 16.04.21

Combating shadow economy, including the elimination of informal employment and the formalization of entrepreneurship, is among the key factors for sustainable economic development.

The Small and Medium Business Development Agency (SMBDA) continuously supports projects and initiatives based on the principles of transparency that promote legal entrepreneurship.

One such initiative is the recently launched Chak-Chuk startup project, which contributes to eliminating informal employment and keeping proper accounting. It should be noted that the online Chak-Chuk platform (http://www.cakcuk.az/) providing about 180 services in nine categories, including house cleaning, master services, etc., brings together performers (service providers) and customers (service users). Only those officially engaged in entrepreneurial activities can register to provide services through the platform. Online payments through the platform ensure transparent accounting.

The startup project benefits include the provision of home services on a single platform, the possibility to choose the time and service provider, track the order fulfillment progress, and evaluate the result, as well as guarantee the work result. The online platform continually offers job opportunities for job seekers in the home service industry.