SMB

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

The most active entrepreneurs of 2024 have been awarded A citizen reception was held at KOBİA Results of the 6th grant competition announced for financing projects by SMB entities have been disclosed A memorandum on the green transition of SMBs signed between KOBİA and the Asian Development Bank Business forum conducted within the framework of the project "Increasing attractiveness of the Shamakhi district for private Investments" New Startups Contributing to Digitalization The 9th "KOB Fest" exhibition -sales fair is underway in Göyçay With the support of KOBİA, Azerbaijani entrepreneurs' products were showcased at the "MÜSİAD EXPO" and "Halal Expo" exhibitions Yet another meeting of the sub-group on Environmental, Social, and Corporate Governance (ESG) standards was held 8 more SMBs have received the "Startup" certificate

The startup to represent our country unveiled at "AIM Congress" 09.04.24

The winner of the “AIM Congress” National Pitch Competition will compete with startups of more than 100 countries of the world for the investment amounting to nearly 60 thousand USD.

The startup that will represent our country at the traditional Annual Investment Meeting (AIM Congress) to be held Abu-Dhabi city, the capital of United Arab Emirates on 7-9 May was selected.

“Recepta” selected among 67 startup projects will represent our country in Abu-Dhabi as a winner of the “AIM Congress” National Pitch Competition. The cash receipts digitalization platform project of the team will compete for investment with startups from more than 100 countries of the world. The winning startups of the National Pitch Competition held in various countries will compete for earning an investment up to 60 thousand dollars from international investors in the framework of “AIM Congress”. The participation at “AIM Congress” will also provide startups with an opportunity to exchange experiences and expand their connections.

Note that 67 startups, being at "Pre-seed" or "Seed" stage, have applied to the National Pitch Competition of “AIM Congress” for Azerbaijan. The shortlisted “Remart”, “Sampler.az”, “BYQR”, “Kofeal”, “MovementAZ”, “MenzilPark”, “MiLoy”, “Recepta”, “Eathanos”, “Simic.App”, “Rawuser” and “Metatesk” have presented their projects to the formed jury under the partnership of the Small and Middle Business Development Agency (KOBİA) and ABB Innovation Centre on April 9th.

The winner of the National Pitch Competition is provided with a plane ticket (round-trip), its accommodation expenses will be covered, with a stand allocated during the event for presenting its startup.