SMB

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

Today International Day of Micro, Small and Medium-sized Enterprises is marked An exhibition showcasing products and services from over 150 domestic companies is currently underway. The product of artificial intelligence for intelligent search has been developed in Azerbaijan. The "Investment Journey" event took place this time in the city of Sheki Meeting with Students of Baku Business University The "Advertising Exhibition of Local Companies" launches Importance of applying Environmental, Social, and Corporate governance principles for business Exhibition-sale fairs will be held in the regions of the country A document was signed between KOBİA and the Belarusian Chamber of Commerce and Industry The number of entities awarded with the "Startup" certificate has reached 151

SME Development Agency to cooperate with “Ernst & Young Holdings” 11.07.19

A memorandum of understanding has been signed for cooperation between the Small and Medium Enterprise (SME) Development Agency of the Republic of Azerbaijan and the local branch of Ernst & Young Holdings.

The document was signed by Orkhan Mammadov, Chairman of the Board of the SME Development Agency and Ilgar Valiyev, Head of the Azerbaijan branch of Ernst & Young Holdings.

For the purpose of supporting the development of small and medium businesses, the Memorandum envisions implementation of modern initiatives, raising awareness of entrepreneurs, expansion of practical links between private and public sectors, realization of joint project, including the application of the “Wavespace” program of Ernst & Young Holdings in the agency and mutual cooperation in joint organization of“Entrepreneur of the year” and “Entrepreneurial Winning Women” events.

As a part of cooperation, in order to improve the business skills of SME entities, the training, consulting and other coaching services will be provided, the human potential and international practice of Ernst & Young Holdings will be used, instruction materials for SMEs will be prepared and joint support will be provided for the participation of start-ups, micro and small businesses in exhibitions and experience-sharing programs.