SMB

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

The most active entrepreneurs of 2024 have been awarded A citizen reception was held at KOBİA Results of the 6th grant competition announced for financing projects by SMB entities have been disclosed A memorandum on the green transition of SMBs signed between KOBİA and the Asian Development Bank Business forum conducted within the framework of the project "Increasing attractiveness of the Shamakhi district for private Investments" New Startups Contributing to Digitalization The 9th "KOB Fest" exhibition -sales fair is underway in Göyçay With the support of KOBİA, Azerbaijani entrepreneurs' products were showcased at the "MÜSİAD EXPO" and "Halal Expo" exhibitions Yet another meeting of the sub-group on Environmental, Social, and Corporate Governance (ESG) standards was held 8 more SMBs have received the "Startup" certificate

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