We believe Azerbaijan’s socio-economic development is closely linked with entrepreneurship and its future development!
Interest in SME Houses as an innovative model in the field of business services is increasing Additional 55 people were engaged in training within the framework of the “Karabakh SME 2026” project More than 312,000 services were provided to entrepreneurs in SME Houses in the first half of 2026 Applications of entrepreneurs were considered at KOBİA In the first half of 2026, the KOBİA Call Centre via number 131 responded to approximately 5,000 enquiries The next meeting within the framework of the "Investment Journey" project was held in the city of Aghsu Business projects that have received the "Startup" Certificate are developing More than 50 meetings with entrepreneurs were organised in the first half of 2026 Another meeting with entrepreneurs was organised in the city of Mingachevir A production enterprise for test kits and medical plastic packaging products will be established
Structure of the Council of Experts on issuing the "Startup" certificate renewed 21.07.23
Structure of the Council of Experts on issuing the "Startup" certificate renewed

At the first meeting of the Startup Council of Experts under the new structure, it was reported that some 100 "Startup" certificates have been issued to micro and small business entities over the past two years.


The structure of the Council of Experts, which evaluates the projects submitted for the issuance of the "Startup" certificate, has been updated. The Expert Council includes the State Tax Service, the Center for Analysis and Coordination of the Fourth Industrial Revolution (4SIM), the State Agency for Public Service and Social Innovation under the President of the Republic of Azerbaijan, Innovation and Digital Development Agency, Intellectual Property Agency, Azerbaijan National Academy of Sciences, National Confederation of Entrepreneurs (Employers) Organizations of Azerbaijan, "Internet Development Forum in Azerbaijan" Public Union, "Azerbaijan Innovation Export Consortium" Public Union. The Council will be chaired by Orkhan Mammadov, Chairman of the Board of the Small and Medium Business Development Agency (KOBİA). The Council of Experts will evaluate the projects included in KOBİA and decide to issue the "Startup" certificate for the next 2 years.


At the first meeting of the updated structure of the Council, Orkhan Mammadov, Chairman of the Board of KOBİA stated that 22 meetings were held under the previous structure of the Council, some 300 projects were reviewed, and about 100 "Startup" certificates were given to micro and small business entities. This support mechanism, together with the Agency's grant support measures, is reported to play an important role in the development of the startup ecosystem in Azerbaijan. Startups have been actively participating in local and international KOBİA events, especially in the recent years, and consequently have become beneficiaries of various support and services of the Agency. We have set up a common working space for startups to develop their projects in the Startup Development Center operating in "Baku SMB House". The "Startup" certificate primarily provides tax relief, however, experience has shown that this document has a greater impact.


Subsequently, the applications received by the Agency for the "Startup" certificate were reviewed.


It is worth underlining that business entities are required to apply to KOBİA in order to obtain the "Startup" certificate. Applications that meet the "Startup identification criteria" approved by the decision of the Cabinet of Ministers dated January 29, 2021 will be examined by the Council of Experts and a subsequent decision will be made to issue a "Startup" certificate. The "Startup" certificate exempts SMB entities from profit and income tax on their income from innovation activities for a period of 3 years from the date of the certificate.

 

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