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

Baku to hold International Business Forum, jointly arranged by SMBDA & MUSIAD 05.10.21

The 25th International Business Forum (IBF) will be held in Baku on November 14-17, 2021. The forum, arranged by the Small and Medium Business Development Agency (SMBDA) and the Turkish Association of Independent Industrialists and Businessmen (MUSIAD), will be attended by businessmen and government officials from a number of countries. The forum, held annually in different countries, is aimed at developing bilateral trade and economic relations between countries, creating models of sustainable cooperation, and strengthening cooperation in the investment field and business ties. For this purpose, a number of conferences, country presentations, bilateral meetings, exhibitions, and other events will be held as part of the forum.

At the meeting, the chairman of the Board of the Small and Medium Business Development Agency (SMBDA) Orhan Mammadov, who was on a visit to Turkey, and the president of the IBF, founder and head of the Turkish Association of Independent Industrialists and Businessmen (MUSIAD) Erol Yarar discussed the preparatory work for the forum. It was noted that preparations for the forum continue according to the Memorandum of Understanding signed between the SMBDA and the IBF in July this year. As part of the event, it’s planned to familiarize foreign investors with the favorable business and investment environment of Azerbaijan, establish direct ties between businessmen, and make a presentation on the investment opportunities of Karabakh. The forum will be useful for the participating countries in terms of revitalizing trade and economic partnership and implementing new initiatives in the post-COVID period.

At the meeting with the participation of MUSIAD representatives, the parties exchanged views on new areas of cooperation between ARMSB and MUSIAD.