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 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.