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

Startup certificate awarded to another 7 SMBs 30.01.24

So far, KOBİA has awarded 130 “Startup” certificates to micro and small business entities.

The first "Startup" certificates for 2024 were presented to 7 SMBs. Thus far, the number of "Startup" certificates issued by the Small and Medium Business Development Agency (KOBİA) to micro and small business entities has reached 130. "Startup" certificates were given to the following projects: An online platform for the sale of works of art by individual entrepreneur Nigar Novruzzadeh, online services in cyber security of "Cybersign" LLC, "Oneplusone" LLC's online platform for amateur athletes, "Eattable" LLC's online restaurant recommendation and reservation platform (mobile application), specialized software for logistics companies of "Ini.az" LLC, restaurant management platform of "Food Lab" LLC and game-based online education platform for students of individual entrepreneur Shamistan Alizadeh.

The "Startup" certificate exempts SMBs from profit and income tax on their income from innovation activities for a period of 3 years from the date of receipt of the certificate.

Micro and small business entities whose projects are currently being developed are encouraged to apply to KOBİA for a "Startup" certificate. The application form and other necessary documents, as well as detailed information about the relevant criteria, are posted here: https://smb.gov.az/az/nav/startap-sehadetnamesi