SMB

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

Meeting of the subgroup on “Environment, social and governance (ESG) standards” The role of SMBs in the Transition to the Green Economy Within the framework of COP29, a panel discussion was held on the topic “The Role of SMBs in the Green Economy” KOBİA and the "Invest Bulgaria" Agency to collaborate Within the framework of COP29, the documents for collaboration were signed to support the green transition of SMBs Representatives of the International Trade Centre (ITC) paid the visit to "Baku SMB House" A conference was held regarding the presentation of unified platform and the national standard for ESG A national standard on Environmental, Social, and Corporate Governance (ESG) has been adopted "KOB FEST" exhibition-sale fair held in Khachmaz A business plan – the key to successful and sustainable business

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.