SMB

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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 A service desk of the Ministry of Agriculture has started operation at the Khudat Service Center of the “Khachmaz SME House”

Winners of the competition “From Idea to successful business” announced 13.11.21

The results of the startup competition “From idea to successful business” held as part of the project "Support for the development of entrepreneurship in rural areas of Azerbaijan", funded by the European Union and implemented with the support of the Small and Medium Business Development Agency (SMBDA) and “Ekvita” company, have been summed up.

For this purpose, on November 12, an event was arranged, attended by representatives of the Ministry of Economy, ARMSB, and “Ekvita”, an expert from the European Union, and the competition participants. It was noted that the competition’s goal was to identify the most successful startups and their potential in the regions of Azerbaijan. Herewith, the competition was aimed at supporting new business ideas, creating and developing products and services. 95 startup projects were submitted to the competition. The projects were assessed by a jury of local and foreign experts, and 3 winners were determined. The winning projects are related to the health, agriculture, and food sectors.

At the end of the event, the winners were awarded certificates and prizes.