SMB

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Startup Competition Launched Within the Framework of the IsDB Annual Meetings HELF/AZHAB Forum 2026 to Be Held Within the Framework of the IsDB Group Annual Meetings in Baku A meeting with entrepreneurs was held in the Khizi district For the attention of micro and small entrepreneurs wishing to present their products and services at the “Local Companies Promotion Exhibition!” ANNOUNCEMENT WUF13 Hosts Awareness Event for Entrepreneurs The project “Women Entrepreneurs in Successful Partnership” has been completed Growing role of women in business: from state support to sustainable development Rwandan Delegation Familiarized with the SMB House Model A survey is being conducted among startups

The majority of SMBs that received a “Startup” certificate in 2025 are micro-entrepreneurs 28.07.25

Projects that have received the "Startup" certificate cover the fields of fintech, education, public catering, ICT, industry, tourism, business digitalization, and e-commerce.

In January-June 2025, 54 micro and small entrepreneurs applied to the Small and Medium Business Development Agency (KOBIA) to obtain a “Startup” certificate. In accordance with the “Criteria for Determining a Startup” approved by the Decision of the Cabinet of Ministers dated January 29, 2021, the Council of Experts decided to issue a “Startup” certificate to 27 micro and small entrepreneurs.

Of the entrepreneurs who received the certificate, 23 are legal entities and 4 are individuals. Of them, 23 are micro and 4 are small business entities. 20 of the SMB entities that received the “Startup” certificate operate in Baku, and 7 in the regions. 4 of the entrepreneurs who received the certificate are women.

Projects that have received the "Startup" certificate are mobile applications and online services that include innovative solutions in the fields of fintech, education, public catering, ICT, industry, tourism, business digitalization, and e-commerce.

In total, 215 micro and small businesses have been granted "Startup" certificates so far.

Note: The issuance of the “Startup” certificate began in 2021. This document is issued by the KOBIA. The “Startup” certificate exempts the entrepreneur from profit or income tax on income from innovation activities for a period of 3 years. At the same time, the “Startup” certificate increases the interest of local and foreign investors in the project and facilitates access to foreign markets.