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We believe Azerbaijan’s socio-economic development is closely linked with entrepreneurship and its future development!
Today International Day of Micro, Small and Medium-sized Enterprises is marked An exhibition showcasing products and services from over 150 domestic companies is currently underway. The product of artificial intelligence for intelligent search has been developed in Azerbaijan. The "Investment Journey" event took place this time in the city of Sheki Meeting with Students of Baku Business University The "Advertising Exhibition of Local Companies" launches Importance of applying Environmental, Social, and Corporate governance principles for business Exhibition-sale fairs will be held in the regions of the country A document was signed between KOBİA and the Belarusian Chamber of Commerce and Industry The number of entities awarded with the "Startup" certificate has reached 151
The SMBs’ and startups’ questions have been answered at ınformative webinar 07.05.21
The SMBs’ and startups’ questions have been answered at ınformative webinar

On May 7, the Small and Medium Business Development Agency (SMBDA) held a webinar on New Opportunities for Startups.

 

In the online event with the participation of micro, small, and medium businesses and startups, Advisor to the Chairman of the Board of SMBDA Zaur Gardashov, Director of the INNOLAND Incubation and Acceleration Center Mammad Karimov, and the Agency’s official Humbat Abdullayev provided information on the existing startup supporting mechanisms, including the Startup Certificate, its advantages, the procedure for applying for a certificate, and the required documents. It was noted that SMBDA continues to accept applications for a Startup Certificate from SMBs. SMBs wishing to obtain a Startup Certificate may apply to the Agency directly or electronically. The Startup Certificate exempts SMBs from income tax and tax on income from innovation activity for 3 years.

 

As part of the event, startups were also informed on other support mechanisms provided by the INNOLAND Incubation and Acceleration Center and ARMSB, as well as the first competition of educational, scientific, research, and support projects, the results of which were recently announced, and the next competition.

 

As part of the online event, the SMBs' and startups’ questions were also answered.

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