SMB

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

The Conference will be held on the topic "Importance of ESG principles in the transition to a green economy" 27.05.24

The event will focus on exploring the nexus between the "green economy" and ESG principles, delving into the private sector's expectations and initiatives to ensure a seamless transition to a sustainable "green economy."

On May 31, at 15:00, a conference on "The importance of environmental, social and corporate governance (ESG) principles in the transition to a green economy" will be held at "Baku SMB House" with the support of the Commission on Business Environment and International Ratings under the organization of the Small and Medium Business Development Agency (KOBİA).

The event will be attended by representatives of the and state institutions represented in the ESG subgroup operating within it, experts, as well as entrepreneurs.

The purpose of organizing the conference is to promote ESG principles, to emphasize the importance of these principles in the transition to the "green economy" and the importance of their application in business, and to encourage the exchange of ideas between interested parties in this field.

The event will cover the relationship between "green economy" and ESG principles, expectations and initiatives of the private sector in ensuring a successful transition to "green economy", global trends in ESG and development issues in the national context, and ESG initiatives in state-owned companies.

It is worth pointing that in 2022, the "Environmental, social and corporate governance standards" subgroup of the "Corporate governance, investments and corporate social responsibility" working group of the Commission for Business Environment and International Ratings was established. The subgroup is headed by KOBİA. The subgroup includes representatives of about 20 institutions and organizations representing the state, private and public sectors.