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

A honey processing facility was opened in Gakh 04.12.19

The beekeeping facility was commissioned in Lekit village of the Gakh region on December 4, as part of the Socio-Economic Development Activity (SEDA) project, which is jointly implemented by the Government of Azerbaijan and the United States Agency for International Development (USAID).

In this regard, representatives of Gakh region executive power, SMBDA, USAID, and local residents attended the event organized with the support of the Small and Medium Business Development Agency (SMBDA) of the Republic of Azerbaijan.

Organizers shared information on the projects implemented within the SEDA project and highlighted its contribution to the development of micro and small businesses in the regions.

Additionally, the importance of honey processing facility was emphasized in the packaging and storage of local honey products to be sold and generally so, in the development of beekeeping in Lakit village.

Note: So far, 163 projects on road construction, water supply, medical centers, incubators, as well as honey packaging, feed processing, confectionery, fruit drying facilities have been implemented in the regions of Azerbaijan under the SEDA project.