SMB

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

Another Training Held for Entrepreneurs Engaged in Export Activities Four More Entrepreneurs Exempted from Profit Tax on Innovation Activities Azerbaijan–Vietnam Business Council to Be Established Attention to SMEs Interested in Collaborating with Oil and Gas Companies! An event dedicated to the 102nd anniversary of the birth of Heydar Aliyev was held at KOBIA Entrepreneurs’ Questions Regarding the 7th Grant Competition Addressed A Meeting Was Held with Female Inmates at Penitentiary Institution No. 4 of the Penitentiary Service A Memorandum of Understanding Signed Between KOBIA and the Belarusian Universal Commodity Exchange JSC The Path to Entrepreneurship – Take Your First Step into Business with the Self-Employment Program Attention to the SMBs with questions regarding the 7th Grant Competition

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.