SMB

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

The results of the startup competition "From us to business" have been announced Rwandan delegation got acquainted with activities of the "Baku SMB House" "Investment journey" event took place in Masalli The most active entrepreneurs of 2024 have been awarded A citizen reception was held at KOBİA Results of the 6th grant competition announced for financing projects by SMB entities have been disclosed A memorandum on the green transition of SMBs signed between KOBİA and the Asian Development Bank Business forum conducted within the framework of the project "Increasing attractiveness of the Shamakhi district for private Investments" New Startups Contributing to Digitalization The 9th "KOB Fest" exhibition -sales fair is underway in Göyçay

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.