SMB

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

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 "From Us to Business" startup competition is underway

SMBDA Was Represented at the Meeting of the Russian-Azerbaijan and Azerbaijan-Russian Business Councils 27.04.21

On April 26, a regular meeting of the Russian-Azerbaijani and Azerbaijani-Russian business councils was held.

At the online meeting attended by state officials and businessmen of the two countries, the parties exchanged views on the current relations and prospects for cooperation between Azerbaijan and Russia in various economic sectors, including small and medium businesses (SMBs).

The Small and Medium Business Development Agency (SMBDA) was also represented at the meeting. Speaking at the event, the Chairman of the SMBDA Board Orkhan Mammadov provided information on the Agency’s cooperation in the SMB field with the appropriate organizations of Russia and the joint events held and expressed interest in establishing new partner relations. He has noted that the Agency will support Russian companies interested in investing in our country, searching for local partners, and expanding cooperation with Azerbaijani SMBs through the SMB Development Centers (SMBDCs), the ‘SMB Friend’ support network, and the SMB houses, as well as within the framework of existing support mechanisms.