We believe Azerbaijan’s socio-economic development is closely linked with entrepreneurship and its future development!
Another Training Held for Entrepreneurs Engaged in Export Activities Four More Entrepreneurs Exempted from Profit Tax on Innovation Activities Azerbaijan–Vietnam Business Council to Be Established Attention to SMEs Interested in Collaborating with Oil and Gas Companies! An event dedicated to the 102nd anniversary of the birth of Heydar Aliyev was held at KOBIA Entrepreneurs’ Questions Regarding the 7th Grant Competition Addressed A Meeting Was Held with Female Inmates at Penitentiary Institution No. 4 of the Penitentiary Service A Memorandum of Understanding Signed Between KOBIA and the Belarusian Universal Commodity Exchange JSC The Path to Entrepreneurship – Take Your First Step into Business with the Self-Employment Program Attention to the SMBs with questions regarding the 7th Grant Competition
To the attention of entrepreneurs wishing to participate in "TEKNOFEST"! 21.02.22
To the attention of entrepreneurs wishing to participate in "TEKNOFEST"!



Taking into account the interest and numerous applications for the first TEKNOFEST Aerospace and Technology Festival to be held in Baku, the registration period for several competitions has been extended until February 28, 2022. These are competitions on "Baku Skills", "Green Technologies", "Agrarian Technologies", "Socially Oriented Technologies" and "Robotics".


The deadline for the application to "SMART KARABAKH" Hakato, which includes the concept of "Smart city", has been extended until April 1.


Registration for the competitions "Satellite Modeling", "Unmanned Aerial Vehicles" and "Planer" has been suspended since February 17.


It should be noted that the TEKNOFEST Aerospace and Technology Festival will be organized by the Ministry of Digital Development and Transport of the Republic of Azerbaijan on May 26-29 in Baku. The Small and Medium Business Development Agency (SMBDA) is one of the organizations supporting the competitions and contests to be held within the festival. Young entrepreneurs with innovative ideas and projects can participate in competitions.



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