SMB

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

Winners of the Startup Competition Held Within the Framework of the Islamic Development Bank Group Annual Meetings Announced 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

Two more entrepreneurs received “Startup” certificates 16.12.21

The Small and Medium Business Development Agency (SMBDA) has issued “Startup” certificates to two more SMBs. Thus, the number of SMBs who received the “Startup” certificate reached 27.

The “Startup certificate” was issued for the online self-development and education platform of “Safavy” LLC (www.safavy.org) and the online business management platform of “Fogito” LLC (www.fogito.com).

The “Startup” certificate exempts SMBs from income tax and tax on income from innovation activity for 3 years from the date of receiving the certificate.

Micro and small businesses, whose projects are under development, can apply for a “Startup” certificate to SMBDA. For more information on the application form, required documents, and the relevant criteria for obtaining a “Startup” certificate: https://smb.gov.az/en/nav/startap-sehadetnamesi