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

An event was held to expand online sales opportunities for SMBs 13.05.20

Due to the coronavirus (COVID-19) pandemic, the use of digital technologies, including online sales, has expanded around the world, as well as in Azerbaijan in various sectors. Discussions and surveys conducted by the Small and Medium Business Development Agency (SMBDA) of the Republic of Azerbaijan with entrepreneurs operating in the pandemic-affected areas show that it involves certain costs, while the market observes a low demand for online sales in our country, among other things. For a number of reasons, micro and small entrepreneurs are less likely to take advantage of digital platforms.

Given the growing demand for e-commerce during the pandemic, SMBDA held an online event to inform the SMBs about online sales software.

It was noted at the online event that providing SMBs with access to knowledge and innovations is one of the activities of SMB, and during the pandemic, the Agency supported a number of SMBs to create online sales platforms in the service sector. The development of the digital economy has been identified as one of the priorities in the post-pandemic period, and it is planned to support this area by the state and attract private investment.

Sakit Samadov, head of Logix, spoke about the importance of e-commerce, the creation of a low-cost e-sales platform and the software offered by local companies in this field at an online event organized via Zoom and broadcast live on SMBDA's Facebook page. Entrepreneurs were informed and their questions were answered.