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 took part in the event held as part of the Global Entrepreneurship Week 15.11.21

“Micro, small, and medium enterprises are the driving force of the modern economy, and measures are being taken all over the world to increase the role of SMBs in the national economy. The main SMBDA’s goal is to support the development of SMBs and increase their role in the economy and employment,” the chairman of the Board of the Small and Medium Business Development Agency (SMBDA) the at an event arranged by the US Embassy in Azerbaijan as part of the Global Entrepreneurship Week.

The SMBDA chairman reported on the support and services provided by the Agency, spoke about the Agency's support mechanisms to expand the SMB’s business knowledge, facilitate access to markets, financial resources, and “G2B” and “B2B” services, as well as the work done in connection with digitalizing SMBs and social entrepreneurship activity. It was noted that 25 “Startup” certificates have already been issued to micro and small entrepreneurs. More than 100 services in the government-to-business and business-to-business formats are provided to entrepreneurs in a single space by SMB houses, and in the nearest future, the “e-SMB house” portal will also be launched. The number of SMB development centers providing entrepreneurs with information and consulting services to improve their business knowledge has reached 21, and in the first half of this year, SMBDA arranged more than 500 pieces of training, attended by more than 9 thousand entrepreneurs and startups.