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

As part of the "Youth Business Workshop" project, students visited the Masalli Industrial District 18.04.22

Training visits of participants of the “Youth Business Workshop” project implemented by the Small and Medium Business Development Agency (KOBİA) under the Ministry of Economy, the State Employment Agency under the Ministry of Labor and Social Protection of Population and the State Agency on Vocational Education under the Ministry of Education have started.

The last year students of Jalilabad State Vocational Training Center visited Masalli Industrial District in order to form their initial business idea and production experience.

Students were informed about the activities of the industrial district, where they got acquainted with the production process.

During the visit, students were also informed about the support and services provided to entrepreneurs by a SME friend of KOBİA operating in the Masalli Industrial District .

It should be noted that the purpose of the "Youth Business Workshop" project is to develop business skills and promote entrepreneurship among young people receiving vocational training, ensure self-employment, increase the number of young people with vocational training among micro and small entrepreneurs, support new business initiatives, increase interest in vocational education.

The project, which covers 2021-2023, is currently being implemented in Jalilabad and Agdam regions. The project will soon be launched in the Gabala region. The project covers such areas as tailoring, plant and animal husbandry, carpet weaving, agro-technical services, carpenter, locksmith, cook, confectioner, tourism and welder. Within the framework of the project, the State Agency on Vocational Education selects and educates last-year students receiving vocational education and interested in entrepreneurship. Then, young people are involved in business trainings by KOBİA, they are provided with mentoring support, training and internship visits to business enterprises are organized. Young people who successfully complete three months of business and vocational training will be provided with appropriate equipment by the State Employment Agency in their chosen field of activity.