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

Azerbaijan-Ukraine trade and economic cooperation discussed 11.06.20

The Small and Medium Business Development Agency (SMBDA) took part in a video conference on "Ukraine-Azerbaijan: trade and economic cooperation in the context of global change" organized by the Chamber of Commerce and Industry of Ukraine.

At the event, Chairman of the Board of SMBDA, Mr. Orkhan Mammadov highlighted the work in the development of small and medium business (SMB) in the country, the Agency's activities in this field, the opportunities for cooperation in the field of SMB with relevant Ukrainian institutions and businesses, with the participation of SMBs of both countries. He shared his views and proposals on the establishment of joint clusters, the study of the Ukrainian experience in the field of public-private partnership, the establishment of the Azerbaijan-Ukraine Business Council. He also called on Ukrainian investors to invest in tourism, telecommunications, production and processing of agricultural products and other promising areas identified by the Azerbaijani government as a priority in the post-pandemic period, and said that the Agency would provide full support in this area.

The video conference was attended by Azerbaijani and Ukrainian ambassadors to Ukraine and Ukraine, representatives of government agencies and entrepreneurs that discussed prospects for expanding economic cooperation between the two countries, growth of trade turnover, organization of business meetings and more. The proposals were reviewed and the questions of the participants were answered.