SMB

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

Students of the Azerbaijan University of Tourism and Management visit the “Baku SME House” KOBIA Participates with a Dedicated Stand at the “Rebuild Karabakh” Exhibition Euronews Broadcasts a Feature on Azerbaijan’s SME Ecosystem and the Activities of KOBIA Public Hearing and Discussion Held on Draft Technical Regulations Concerning Machinery and Equipment, Lubricants, Light Industry, and Furniture Products The Composition of the Expert Council for the Issuance of the “Startup” Certificate has been renewed SME Cluster Company Established to Contribute to the Green Economy Innovative SMEs’ Solutions Showcased at the “CIDC 2025” Festival “KOB FEST” exhibition-fair will be hold in Goychay The Azerbaijan Halal Business Forum has concluded Public Hearing and Discussion on Draft Technical Regulations for Non-Food Industrial Products

Woman entreprenuers strengthening their role in economy with the state support 07.03.25

Almost 23% of entreprenuers in the country are woman.

Women entrepreneurs, primarily operating in sectors such as service, trade, and industry, are increasingly contributing to sustainable economic development and employment. Recently, a women-led preschool education institution was opened in Ganja. "Laləli Bağça" operates not only in Ganja but also in Baku, Sumgayit, and Khirdalan cities. The establishment of this preschool network was supported by the Small and Medium Business Development Agency (KOBİA). The agency assisted the entrepreneur with documentation, coordination with state institutions, and various aspects of business development Currently, the preschool’s branches employ more than 40 staff members, demonstrating the entrepreneur’s role in promoting women’s employment. Future plans include expanding the workforce and extending operations to other regions.

For your information, KOBIA supports women for establishing their own business and expanding their entrepreneurship activity. In 2024 alone, more than 4,000 women entrepreneurs benefited from the agency’s training and advisory services to enhance their business knowledge and skills, while over 300 received assistance in developing business plans. More than 10 woman entrepreneur and managers benefited from international professional development program in Germany. Last year approximately 167,000 manats were granted to the implementation of the woman entreprenuers’ projects and about 8 women were awarded with the Startup certificates which granting tax exemptions for their innovative projects. In 2024, KOBIA supported nearly 250 women entrepreneurs in promoting their products and services by facilitating their participation in exhibitions, fairs, and trade networks. KOBIA also regularly organizes meetings to encourage women’s entrepreneurship and collaborates with partner organizations to implement targeted development programs for women entrepreneurs.