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 memorandum was signed between KOBİA and the Chamber of Commerce and Industry of Uzbekistan 20.06.22

The Uzbek-Azerbaijani business forum was held in Tashkent, the capital of Uzbekistan. The event was attended by government officials and businessmen from both countries operating in various sectors of the economy.

Speaking at the business forum, Orkhan Mammadov, Chairman of the Board of the Small and Medium Business Development Agency (KOBİA), spoke about the favorable business and investment environment created in the country, the Agency's activities, and the support and services provided by KOBİA to foreign businessmen wishing to do business in Azerbaijan.

A Memorandum of Understanding on cooperation was signed between KOBİA and the Chamber of Commerce and Industry of Uzbekistan within the business forum. The document was signed by the head of the Chamber of Commerce and Industry of Uzbekistan Davron Vakhabov and the Chairman of the Board of KOBİA Orkhan Mammadov. According to the memorandum, the parties will inform each other about trade and investment opportunities, support and encourage the development of bilateral relations between SMEs, organize mutual business missions, etc.