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

Views were exchanged on the trade finance of SMEs in Azerbaijan 10.09.20

The meeting was held between Orkhan Mammadov, Chairman of the Management Board of the Small and Medium Business (SMB) Development Agency of the Republic of Azerbaijan and Nuri Guliyev, head of the Russian Export Center’s representative office in Azerbaijan.

At the meeting, the parties discussed the empowerment of support of bringing of the small and medium enterprises to the foreign market within the framework of bilateral business partnership.

Chairman of the Management Board of the Agency Orkhan Mammadov noted the importance of the trade finance of SMBs during a pandemic, informing of the completed work on development of small and medium-sized businesses in the country.

Nuri Guliyev informed about the financial support of financial institutions of the group of Russian Export Center to foreign companies and stressed that the SMBs of Azerbaijan can also take advantage of this support.

Upon the totals of the meeting, the parties agreed to consider the application of the support mechanisms of SMBs within existing capabilities.