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 presentation on the UN Global Compact was held for entrepreneurs 29.10.22

A presentation on the UN Global Compact for entrepreneurs was organized by the Small and Medium Business Development Agency (KOBİA).

The expert Samir Mammadov, who gave a presentation on the Global Compact, noted that according to statistics, companies that apply the principles of human rights, fair labor relations, the environment and the fight against corruption to their strategy and operations are more profitable and sustainable, their brands are more valuable, they have more access to capital, and they are more attractive to employees, customers and society. The UN Global Compact encourages businesses to align their strategies and activities with universally accepted principles on human rights, labor rights, the environment and anti-corruption, and to contribute to the UN's 2030 Agenda for Sustainable Development. The Compact is a corporate initiative that unites more than 12 thousand business and more than 3 thousand non-business partners in more than 160 countries. The principles included in the Global Compact are based on key international documents such as the Universal Declaration of Human Rights, the International Labor Organization's Declaration on Fundamental Principles and Rights at Work, the Rio Declaration on Environment and Development, and the UN Convention against Corruption.

In the end, the entrepreneurs' questions about the UN Global Compact were answered.