SMB

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

Winners of the Startup Competition Held Within the Framework of the Islamic Development Bank Group Annual Meetings Announced HELF and AZHAB Forums Held in Baku During the 51st Annual Meetings of the Islamic Development Bank Group 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 An online meeting of the Management Board of the CICA Business Council was held What is the support amount paid for conducting an internal market study and on what basis is this amount determined? The appeals of entrepreneurs from the Gazakh–Tovuz economic region were heard

The "Power of Women in Business" project was launched 17.10.22

The National Confederation of Entrepreneurs (Employers) Organizations of the Republic of Azerbaijan (ASK) and the Association for the Development of Women's Entrepreneurship in Azerbaijan (AQSİA) have partnered on the "Power of Women in Business" project, which is being jointly organized by the Agency for the Development of Small and Medium Businesses (KOBİA) and "Rabitabank" OJSC.

The goal is to establish conditions for building relationships in the direction of extending access to preferential financial resources by supporting women entrepreneurs' growth in their economic contribution to the country.

Project duration: October 2022 - March 2023.

The project accepts applications from women entrepreneurs who are engaged in micro, small and medium entrepreneurship in various fields, and who meet the selection criteria and participation requirements of the project.

As part of the framework of the project, trainings, production experience, "networking" events will be organized on various topics.

The project's winners will receive prizes at its conclusion. The top three proposals submitted by female company owners will be chosen, and the winners will receive the following cash awards to help grow their companies:

First-place honors: 5000 manats

Second place: 3000 manats

2000 manats for third place.

Women entrepreneurs who want to participate in the project can apply until November 18, 2022 by visiting the following link: https://bit.ly/3iGusBu

For additional information: Aygun Ahmadova, e-mail: aygun.ahmadova@smb.gov.az, phone: (+994) 55 792 24 26.