SMB

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

Investment opportunities expand: the investment promotion mechanism now covers 17 strategic directions The territories liberated from occupation provide extensive opportunities for investors A blood donation campaign dedicated to Remembrance Day was held Delegation of representatives of the RIYADA organization from Oman visited “Baku SME House” Volunteer blood donation campaign will be held Entrepreneurs can apply to SME Houses to obtain licenses KOBİA representatives participated in an international seminar held in Turkey The next meeting of the permanent Coordination Group operating under KOBİA was held The next professional trainings within the framework of the “Karabakh SMEs 2026” project have been completed The provision of consulting services for entrepreneurs continues

A meeting was held with representatives of small and medium businesses operating in Sumgait 24.12.19

The Small and Medium Business Development Agency (SMBDA) of the Republic of Azerbaijan continues to hold meetings with entrepreneurs to assist in identifying and solving their challenges.

The next such meetings were held with entrepreneurs within public-private dialogue in Sumgait and Haji Zeynalabdin Taghiyev settlement of the city.

Representatives of the Ministry of Economy, Food Safety Agency, National Confederation of Entrepreneurs (Employers') Organizations of the Republic of Azerbaijan, Mortgage and Credit Guarantee Fund attended the meetings organized by SMBDA with the support of Sumgait City Executive Power.

Inquiries of small and medium businesses operating in the manufacturing and service sectors regarding utilities, access to financial resources, construction of production facilities, participation in the self-employment program, and registration of land plots were addressed at the meeting. It was stated that certain issues raised by entrepreneurs would be reviewed with the participation of relevant authorities, and entrepreneurs will be informed about the results.

Information on the activities of SMBDA was provided at the meeting and it was recommended to refer to the Agency’s “SMB Friend” operating in Sumgait in regards to the issues arising from entrepreneurial activity.

The survey was also conducted among over 30 entrepreneurs at the meeting held in Haji Zeynalabdin Taghiyev settlement.