SMB

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

Another Training Held for Entrepreneurs Engaged in Export Activities Four More Entrepreneurs Exempted from Profit Tax on Innovation Activities Azerbaijan–Vietnam Business Council to Be Established Attention to SMEs Interested in Collaborating with Oil and Gas Companies! An event dedicated to the 102nd anniversary of the birth of Heydar Aliyev was held at KOBIA Entrepreneurs’ Questions Regarding the 7th Grant Competition Addressed A Meeting Was Held with Female Inmates at Penitentiary Institution No. 4 of the Penitentiary Service A Memorandum of Understanding Signed Between KOBIA and the Belarusian Universal Commodity Exchange JSC The Path to Entrepreneurship – Take Your First Step into Business with the Self-Employment Program Attention to the SMBs with questions regarding the 7th Grant Competition

3 SMB Development Centers will be commissioned for entrepreneurs 18.08.20

One of the main activities of the Small and Medium Business Development Agency (SMBDA) is to expand access to knowledge and innovation for micro, small and medium entrepreneurs.

For this purpose, 3 new SMB development centers will be launched in Baku and Sumgayit, Yevlakh region in the coming days.

At present, appropriate measures are being taken to organize the activities of the centers.

Free support for those wishing to start a business in SMB development centers in Baku, as well as in Absheron and Aran economic regions, micro and small businesses in the organization of business-oriented trainings and seminars, consulting services, participation in internship programs, information and awareness activities, directing business ideas to existing financial resources and services will be provided.

It should be noted that the first SMB Development Center was established in Khachmaz. More than 120 SMBs have benefited from the training and consulting services of the Khachmaz SMB Development Center, which has been operating since February 2020. So far, the center has funded the business ideas of 4 entrepreneurs, supported the creation of 4 new SMBs and 5 LLCs.