SMB

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

New Startups That Will simplify life of People Meeting of the subgroup on “Environment, social and governance (ESG) standards” Azerbaijani Entrepreneurs Participate in "MÜSİAD EXPO" with KOBİA's Support Training on Social Entrepreneurship Held Kazakh entrepreneurs informed about Support Measures for Business entities in Azerbaijan "KOB FEST" exhibition-sales fair is in underway in Goychay this time ANNOUNCEMENT The Azerbaijan’s Growth Dynamics for SMB Sector continues Baku Coalition Declaration for the Green Climate Transition of SMBs Garners Support from the Private Sector, too The 7th meeting of the Business Council under the AQEM was held

Women's interest in entrepreneurship is growing 08.03.21

The Small and Medium Business Development Agency (SMBDA), represented by women entrepreneurs, congratulates all women on the occasion of March 8 - International Women's Day, and wishes them success in their activity.

Women play a special role in the social, socio-economic, and cultural life of Azerbaijan, the role of Azerbaijani women in upbringing patriotic children for our country is great.

The role of women in the economy, employment, and private sector development, and their interest in micro and small business and self-employment is growing. As of January 1, 2021, 21.3 % of entrepreneurs registered to engage in entrepreneurial activity without creating a legal entity are women.

The development of women's entrepreneurship is among the priority spheres of the Agency’s activity. The appropriate measures are being taken to encourage women's entrepreneurship and increase the number of women in SMBs; the Women's Entrepreneurship Development Association is actively represented in the Public Council under the Agency.

At the moment, over 30 % of citizens who took advantage of the SMBDA’s activity and support in the field of training entrepreneurs in Baku and various regions of Azerbaijan, expanding their knowledge and skills, and the access to the sales markets and financial resources accounted for women. The Joint German-Azerbaijani Program for Raising the Qualifications of Managers Working for Azerbaijani Companies, implemented with the partnership of SMBDA for SMBs to acquire international experience, was used by 451 entrepreneurs and managers, of which over 30 percent were women.

We express confidence that the role of women's entrepreneurship in the sustainable development of our country and the number of women in SMBs will more increase.