SMB

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

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 Is it necessary to obtain a license for every type of business activity? Free business trainings for entrepreneurs will be held in September Issuance of investment promotion document for strategic investment projects continues Appeals from entrepreneurs of the Lankaran-Astara Economic Region were heard Another 10 SME entities will benefit from a tax exemption Domestic market research in 10 areas will be conducted on the initiative of KOBİA For the attention of entrepreneurs operating in Astara and Lankaran cities!

Startups have great potential to create and develop new businesses 09.02.22

Azerbaijani startup Nextsale has been purchased by a foreign company. Speaking at the event, Chairman of the Board of the Small and Medium Business Development Agency (SMBDA) Orkhan Mammadov informed about the support and services provided to startups.

It was noted that the sale of the Nextsale startup abroad will motivate and stimulate other local startups. The digital economy and the 4th Industrial Revolution also create opportunities for startups. New technologies allow you to expand your business, enter new markets and increase turnover in a short time. Startups have the advantage of creating and developing new businesses using modern technologies and innovative approaches. SMBDA issues a Startup certificate to micro and small entrepreneurs, exempting them from income and profit tax for 3 years on their income from innovative activities, and organizes exhibitions with the participation of startups. Startups use the free training and consulting services of SME development centers, the portal www.kobmarket.az to expand sales opportunities, and grants in education, science, research and support.