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

An exchange of views on cooperation in the field of SMB was held with the British Ambassador to Azerbaijan 16.12.19

James Lyle Sharp, Ambassador Extraordinary and Plenipotentiary of the United Kingdom of Great Britain and Northern Ireland to Azerbaijan visited the Small and Medium Business Development Agency (SMBDA) of the Republic of Azerbaijan.

Development of micro, small and medium business in Azerbaijan, activities of SMBDA in the field, as well as existing cooperation with relevant UK authorities in the field of SMB, were discussed at the meeting with Orkhan Mammadov, Chairman of the Board of SMBDA. Discussion on the development of cooperation between the two countries in the framework of the Joint Intergovernmental Commission on Economic Cooperation between the Government of the Republic of Azerbaijan and the Government of the United Kingdom of Great Britain and Northern Ireland was positively assessed, and its importance was highlighted in expanding relations in the relevant field. At the meeting, the initiatives and projects of the Agency related to SMBs were highlighted, and cooperation with relevant UK authorities and support opportunities in the field were discussed. Ambassador James Lyle Sharp called the Azerbaijani SMBs to be more active in the events organized by the relevant UK agencies and said they would provide support in this field.