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The next meeting of the permanent Coordination Group operating under KOBİA was held The next professional trainings within the framework of the “Karabakh SMEs 2026” project have been completed The provision of consulting services for entrepreneurs continues Is it necessary to obtain a license for every type of business activity? Free business trainings for entrepreneurs will be held in September Issuance of investment promotion document for strategic investment projects continues Appeals from entrepreneurs of the Lankaran-Astara Economic Region were heard Another 10 SME entities will benefit from a tax exemption Domestic market research in 10 areas will be conducted on the initiative of KOBİA For the attention of entrepreneurs operating in Astara and Lankaran cities!

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.