SMB

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

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 A service desk of the Ministry of Agriculture has started operation at the Khudat Service Center of the “Khachmaz SME House”

This year, entrepreneurs and individuals seeking to start business for the development of 220 business plans were supported 28.10.24

Support for developing business plan is provided at no charge by KOBİA.

In January-September of the current year, 220 business plans have been developed by the Small and Medium Business Development Agency (KOBİA) and presented to entrepreneurs and individuals seeking to launch business. These business plans stipulate establishment of new businesses or expansion of existing entrepreneurial activities in the production and service sectors in Baku city and the surrounding regions. The majority of the business plans cover Baku economic region. Next in line are the Ganja-Dashkasan, Gazakh-Tovuz, Guba-Khachmaz, Shaki-Zagatala, Karabakh, and other economic regions. Of the business plans, 73 have been prepared for women entrepreneurs. In total, KOBİA has supported the development of 1,555 business plans for entrepreneurs up to date.

It should be noted that support for the development of business plan is provided free of charge by KOBİA. The support is provided by the SMB development centers (KOBİM) of the Agency operating in Baku and the regions of the country. KOBİMs provide trainings and consulting services for entrepreneurs and new business owners seeking to develop their own business plans, guiding them in the business planning process. Additionally, support for business plan development is provided by KOBİM specialists. Entrepreneurs and individuals seeking to start business are eligible to apply to KOBİA for support in drafting a business plan via email at info@smb.gov.az or through the contact form at this link https://smb.gov.az/az/contact-form/aze-citizen .