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Three More SMEs Awarded “Startup” Certificates Public discussion is organized due to green transport business Opportunities for entrepreneurial activities in regions : SME Friends, SME Development Agencies The Promotional Exhibition of Local Companies is Commencing Meeting was held with Entreprenuers engaed in import and export 8th Plenary Session of the CICA Business Council and the 10th Business Forum Held in Baku Attention to SMEs Wishing to Showcase Their Products and Services at the “2nd Turkic Trade Fair”! Young Entrepreneurs from Azerbaijan and Turkiye Discuss Prospects for Cooperation With Government Support, Nearly 10 Entrepreneurs Participate in “Caspian Agro” and “InterFood Azerbaijan” Exhibitions Another Training Held for Entrepreneurs Engaged in Export Activities

The technological solution, which received the "Startup" certificate, has been used in the banking system 22.10.22

The "Pulapp" product of "Algorithmic Credit Technologies" LLC, which was granted a "Startup" certificate by the Small and Medium Business Development Agency (KOBİA) in June 2021, has already entered the sales stage. Thus, according to the contract signed between the company and "Mercury" BOKT, the credit institution has started a pilot project on providing small farmer loans using the "Pulapp" technological solution.

"Pulapp" allows you to collect the customer's business information on the spot after the first meeting and make a loan decision within 30-40 minutes. This only requires the bank staff to enter basic order information once via a mobile device. Thanks to software integrations, "Pulapp" automatically obtains information about the client's credit history, ID card and official income and, using special algorithms, provides the client with an instant loan offer covering all the conditions of the loan decision.

The use of software standardizes the crediting process and significantly simplifies the work of the sales representative. Another advantage of the program is the opening of new opportunities in credit risk management, which minimizes credit losses as sales representatives are not involved in decision-making.