SMB

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

The conference devoted to ”Day of Enterpreneurs” held The meeting held between KOBİA and Federative Republic of Somalia Kenyan delegation became familiarized with the activities of the "Baku SMB House" The next meeting of the subgroup focusing on environmental, social, and corporate governance (ESG) standards was recently held. Students and graduate students from Kazakhstan visited "Baku SMB House" What criteria are used for issuing a "startup" certificate? - AWARENESS KOBİA participated in the event "Caspian Investment Forum Bishkek 2024" 16 KOB entities were awarded with "Startup" certificates in the first quarter of this year The meetings with entrepreneurs within the state-business cooperation platform are underway. To the attention of SMB entities operating in the sectors of agriculture and food industry!

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