SMB

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

Investment opportunities expand: the investment promotion mechanism now covers 17 strategic directions The territories liberated from occupation provide extensive opportunities for investors A blood donation campaign dedicated to Remembrance Day was held Delegation of representatives of the RIYADA organization from Oman visited “Baku SME House” Volunteer blood donation campaign will be held Entrepreneurs can apply to SME Houses to obtain licenses KOBİA representatives participated in an international seminar held in Turkey The next meeting of the permanent Coordination Group operating under KOBİA was held The next professional trainings within the framework of the “Karabakh SMEs 2026” project have been completed The provision of consulting services for entrepreneurs continues

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.