SMB

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

27 June – International Day of Micro-, Small and Medium-sized Enterprises: SMEs Changing the World A reception of entrepreneurs will be held in Balakan Businessmen of the Nigde (Niğde) Region of Türkiye Visited the Baku SME House Investment Portal: A Support Tool Bringing Together Entrepreneurs and Investors on One Platform Azerbaijan Pavilion Featured at IsDB’s 14th Private Sector Forum Exhibition Winners of the Startup Competition Held Within the Framework of the Islamic Development Bank Group Annual Meetings Announced Support for Expanding Sales Opportunities of SMEs The “7th Local Companies Promotion Exhibition” is being held 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

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.