SMB

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

The next meeting of the permanent Coordination Group operating under KOBİA was held The next professional trainings within the framework of the “Karabakh SMEs 2026” project have been completed The provision of consulting services for entrepreneurs continues Is it necessary to obtain a license for every type of business activity? Free business trainings for entrepreneurs will be held in September Issuance of investment promotion document for strategic investment projects continues Appeals from entrepreneurs of the Lankaran-Astara Economic Region were heard Another 10 SME entities will benefit from a tax exemption Domestic market research in 10 areas will be conducted on the initiative of KOBİA For the attention of entrepreneurs operating in Astara and Lankaran cities!

Virtual Enterprise is represented at the Bakutel Exhibition with the support of SMBDA 03.12.19

The Small and Medium Business Development Agency (SMBDA) presented “SMB Virtual Enterprise” for the first time at the 25th Azerbaijan International Telecommunications, Innovation, and High Technologies (Bakutel) Exhibition which opened on December 3 at the Baku Expo Center.

The virtual enterprise, presented in collaboration with Deloitte, simulates the production line and the new product development process. The goal is to enable users to become familiar with the business routine, to develop appropriate management and professional habits, and develop skills while fostering a real enterprise environment. SMB Virtual Enterprise enables cost savings by allowing to test the areas, such as asset management, staff training, quality control, and single process control centre. Here the production process is monitored online, and the data is obtained immediately, which makes the management process more agile for managers.

Products and services of 10 start-ups and small businesses are also displayed at a separate stand at the exhibition with the organization of SMBDA and support of Pasha Holding and backbone Internet provider "AzerTelecom." Medical examination software and equipment, English language learning program, cybersecurity services, parts of noise making toys, web design and ads portals, hotel services, municipal waste management equipment, an online agronomist in the field of agriculture and other services are presented at a special stand designed to support startups and entrepreneurs operating in the field of ICT.

A Protocol of Intent was signed between SMBDA and AzerTelecom to support small and medium businesses. The document was signed by Orkhan Mammadov, Chairman of the Board of SMBDA and Fuad Allahverdiyev, CEO of AzerTelecom. The document envisages cooperation to support SMBs and the implementation of measures in this direction.

Bakutel will last until December 6.