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

Another support mechanism of KOBİA has been launched at the Eastern Bazaar complex visited by President Ilham Aliyev 07.06.22

On June 6, President of the Republic of Azerbaijan Ilham Aliyev and First Lady Mehriban Aliyeva inaugurated the “Eastern Market” complex after restoration and reconstruction. A store selling products of micro and small entrepreneurs has also been launched in the complex as part of a mechanism to support SMEs' access to trade networks.

The store sells products of 10 micro and small businesses within the support provided by the Small and Medium Business Development Agency (KOBİA). It sells non-food products, as well as handicrafts by artisans and creative people.

Today, the Chairman of the Board of KOBİA Orkhan Mammadov met with entrepreneurs who benefited from the mechanism to support access to trade networks, and exchanged views on business development and support mechanisms. Entrepreneurs thanked for the state support.

As part of the mechanism to support access to trade networks, it is planned to organize similar outlets in other trade facilities in Baku, and currently applications from entrepreneurs in this area are being evaluated.

It should be noted that micro and small businesses wishing to take advantage of the Agency's support mechanisms for sales and access to markets can apply to KOBİA electronically.