SMB

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

Interest in SME Houses as an innovative model in the field of business services is increasing Additional 55 people were engaged in training within the framework of the “Karabakh SME 2026” project More than 312,000 services were provided to entrepreneurs in SME Houses in the first half of 2026 Applications of entrepreneurs were considered at KOBİA In the first half of 2026, the KOBİA Call Centre via number 131 responded to approximately 5,000 enquiries The next meeting within the framework of the "Investment Journey" project was held in the city of Aghsu Business projects that have received the "Startup" Certificate are developing More than 50 meetings with entrepreneurs were organised in the first half of 2026 Another meeting with entrepreneurs was organised in the city of Mingachevir A production enterprise for test kits and medical plastic packaging products will be established

Two-Day Seminar on Green Climate Finance for SMBs was held 10.07.24

About 90 participants from OIC member countries attended the event.

The seminar titled “Strengthening SMBs in OIC Member Countries through Green Climate Finance” was held from July 9-10, as part of the cooperation between KOBİA and the Statistical, Economic, and Social Research and Training Centre for Islamic Countries (SESRIC).

The two-day online seminar included experts on green climate finance, representatives of relevant OIC member country structures, specialists from international organizations, and SMBs from various countries, including Azerbaijan.

Mr. Orkhan Mammadov, Chairman of Management Board of SMB, and Mrs. Zehra Zümrüt Selçuk, General Director of SESRIC, highlighted that the seminar was conducted under the Memorandum of Understanding signed between the parties this year and shared their views on the role of SMBs in green climate finance and collaboration opportunities in this field.

Participants included representatives from the Islamic Development Bank, UN Environment Programme (UNEP), Small and Medium Enterprises Development and Support Organization (KOSGEB), Organisation for Economic Co-operation and Development (OECD), Bahrain Institute of Banking and Finance, as well as representatives from Azerbaijan, Indonesia, Turkey, and other countries, as well as the presentations covered topics such as implementing smart technologies in the face of climate change, sustainable finance for SMBs, the OIC platform in this field, the effectiveness and future of climate finance, and opportunities for “green SMBs” in Azerbaijan, with answers provided to participants' questions.