SMB

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

Italy and Azerbaijan held a round table discussion Support for entrepreneurs' "Green Projects" by KOBİA "KOB FEST" Exhibition and Sales Fair to Be Held in Masalli A new project has been launched within the framework of public-private sector collaboration to support startups 54 more young people have joined the "SMB Volunteers" program The success story of the startup "Recepta" A meeting was held with entrepreneurs in the industrial and public catering sectors regarding the protection of atmosphere Meetings held with entrepreneurs in Shamakhi, Yardimli, and Gazakh A new mobile application "Avto-SOS" has been developed for drivers Support for the implementation of sale of products and services for about 60 small and medium-sized enterprises (SMBs)

About 8 thousand B2B services were rendered to entrepreneurs in the “Baku SMB House” 06.05.24

Entrepreneurs increasingly sought services from private institutions specializing in banking, logistics, and cargo transportation.

Entrepreneurs, alongside public and private entities, have access to a range of services including banking, logistics, freight transportation, consulting, mobile operator services, and legal advice in the Baku SMB House.

Out of the 80,349 services rendered to business entities at the Baku SMB House between January and March of this year, 7,812 (9.72%) were provided by private organizations (B2B).

During this period, entrepreneurs seeking assistance from the "Baku SMB House", most often applied to JSC” Capital Bank -5086 (6.33%), Bank Respublika OJSC – 1025 (1.28%), International Bank of Azerbaijan OJSC -1022 (1.27%), Dynamic Express LLC – 223 (0.28%), Ase Express -148 (0.8%) for services.

These private institutions have been instrumental in providing essential banking, logistics, and freight services crucial for the smooth operation of business activities for entrepreneurs.