SMB

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

Rising Interest of Youth in Entrepreneurial Activities The choice is simple: It must be locally produced, sold by the manufacturer, and the products must be fresh and high-quality Informational Flyers and Brochures Prepared by KOBIA Applications from entrepreneurs working in agriculture, industry, and services have been reviewed The implementation of Aghdash district’s business opportunities was discussed with the participation of entrepreneurs Woman entreprenuers strengthening their role in economy with the state support SME Bazaar fair began its activity The results of the startup competition "From us to business" have been announced Rwandan delegation got acquainted with activities of the "Baku SMB House" "Investment journey" event took place in Masalli

The potential of SMBs in business education to be used 19.12.19

The Conference "Business Education in Azerbaijan: Current Situation and Ways of Development" was organized by the Fund of Assistance to Development of Entrepreneurship and Market Economy on December 19.

Orkhan Mammadov, Chairman of the Board of the Small and Medium Business Development Agency (SMBDA) of the Republic of Azerbaijan, delivered a speech at the event, and noted that one of the main areas of activities of the Agency is to increase the knowledge and skills of small and medium businesses and highlighted measures and new mechanisms implemented by the Agency in the field. It was noted that the analysis of numerous applications submitted to the Agency also shows that there is a strong need for SMBs to improve their knowledge and skills in the field of business management. Activities of SMBDA are based on mutual interaction with science and education centres in many areas. The agency is also interested in taking advantage of the potential of SMBs operating in the business education sector in developing models and mechanisms aiming to support SMBs.

Works have started to establish the SMB Development Centers under the Agency's structure, and the first such center will be launched in the Khachmaz region within a short time. The Agency is also working on creating an SMB Training and Consulting Platform and providing SMBs with the most up-to-date methods and training content soon.