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

SMEA supports the entrepreneur in documentation of the sewing workshop 02.07.19

Gabala-Oguz "Friend of SMEs" of the Agency for the Development of Small and Medium Enterprises of the Republic of Azerbaijan provided support to two sewing workshops operating under the Erkam trademark created by an entrepreneur Sanan Hajibabaev in Oguz region to harmonize their documentation and accounting to national accounting standards.

Along with supporting documentation of the enterprises, Gabala-Oguz “Friend of SMEs” stimulated the entrepreneur to start a business in the Oguz district. Sanan Hajibabaev, previously engaged in entrepreneurship in Baku, with the encouragement and support of “Friend of SMEs”, created a sewing workshop with 22 female workers in the Khachmaz settlement of the Oguz district. Thus, within the framework of the public-private partnership, support was provided for expanding business activities, creating new business and increasing employment in the region.

We should note that the Agency provides information, advice, training, legal assistance for starting small and medium enterprise, managing and expanding existing businesses through innovative methods within the network of Friends of SMEs operating in 13 cities and regions of the country; coordinates activities with other government agencies and provides support in the field of protecting rights of entrepreneurs. For these matters, SMEs can contact “Friends of SMEs” operating in Baku and regions.