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Today International Day of Micro, Small and Medium-sized Enterprises is marked An exhibition showcasing products and services from over 150 domestic companies is currently underway. The product of artificial intelligence for intelligent search has been developed in Azerbaijan. The "Investment Journey" event took place this time in the city of Sheki Meeting with Students of Baku Business University The "Advertising Exhibition of Local Companies" launches Importance of applying Environmental, Social, and Corporate governance principles for business Exhibition-sale fairs will be held in the regions of the country A document was signed between KOBİA and the Belarusian Chamber of Commerce and Industry The number of entities awarded with the "Startup" certificate has reached 151

Support to fire-affected entrepreneurs continues 19.04.19

Transportation of goods of entrepreneurs affected by a fire in a shopping mall in the Nizami district of Baku has been completed and goods of 345 entrepreneurs have been removed from the shopping mall.

An act was prepared with participation of the Ministry of Economy, Ministry of Finance, Ministry of Taxes, Ministry of Internal Affairs, the Ministry of Emergency Situations, the General Prosecutor’s Office, the State Customs Committee and the Executive Authority of the Nizami District, as well as entrepreneurs, the goods suitable for use were delivered to a dedicated warehouse in the Surakhani district. Entrepreneurs were provided with vehicles for goods transportation.

In addition, the process of collecting documents from affected entrepreneurs and provision of financial assistance continues. To date, applications have been received from 373 entrepreneurs and the Working Group transferred AZN 1,835,000,000 of financial assistance to bank accounts of 302 affected entrepreneurs.

It is worth noting that payment of financial assistance is carried out through Kapital Bank and TuranBank. Funds are transferred to bank cards of entrepreneurs and banks do not charge service fee for the transfers.

Another mall has offered commercial space for five months without charging rent fee to entrepreneurs that were affected by a fire in the shopping mall in the Nizami district of Baku. Thus, the number of shopping malls that offer relevant commercial space for affected entrepreneurs has reached nine. Agromall shopping center joined the initiative to support affected entrepreneurs by offering them commercial premises with a total area of 15,000 square meters. Thus, at present, fire-affected businesses are offered commercial space of 45,000 square meters in total in nine shopping malls located in different parts of Baku.

Provision of financial assistance to entrepreneurs and their placement in shopping malls continue.