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 representatives of KOBİA visited Saudia Arabia 29.04.24

The 4th Council on Cooperation between Azerbaijan and Saudi Arabia was held.

The representatives from the Small and Medium Business Development Agency (KOBİA) visited Er-Riyadh, Kingdom of Saudi Arabia, to explore ways of collaboration and the execution of joint initiatives in the field of trade and investment aimed at fostering the growth of SMBs.

As part of the visit, the 4th meeting of the Azerbaijan-Saudi Arabia Cooperation Council was held.

The meeting convened with notable attendees such as Mr. Elnur Aliyev, the First Deputy Minister of Economy; Mr. Orhan Mammadov, Chairman of the Board of Directors of KOBİA; Ahmed Ali Dahiri, CEO of "Al Rajhi International for Investment"; and Mr. Yusuf Abdullayev, Director General of AZPROMO, the Export and Investment Promotion Agency. Deliberations focused on enhancing cooperation and ties between the two nations in the fields of trade, investment, and exports, including exploring business and investment opportunities in recently liberated territories. The agenda covered discussions on implementing collaborative initiatives and projects involving businessmen, reinforcing the role of the Cooperation Council between Azerbaijan and Saudi Arabia in these domains, and exchanging insights on the pivotal role of SMBs in driving investment.