SMB

We believe Azerbaijan’s socio-economic development is closely linked with entrepreneurship and its future development!

Attention to SMEs Interested in Collaborating with Oil and Gas Companies! An event dedicated to the 102nd anniversary of the birth of Heydar Aliyev was held at KOBIA Entrepreneurs’ Questions Regarding the 7th Grant Competition Addressed A Meeting Was Held with Female Inmates at Penitentiary Institution No. 4 of the Penitentiary Service A Memorandum of Understanding Signed Between KOBIA and the Belarusian Universal Commodity Exchange JSC The Path to Entrepreneurship – Take Your First Step into Business with the Self-Employment Program Attention to the SMBs with questions regarding the 7th Grant Competition Support from entrepreneurs to football clubs within the framework of Corporate Social Responsibility The 6th Meeting of the Azerbaijan–Saudi Arabia Joint Business Council Held in Riyadh Conference on "Constitution and Sovereignty – The Development of Entrepreneurship in Azerbaijan" Held

Developing women's entrepreneurship is among the priority areas 18.11.21

“The role of women's entrepreneurship in the economy is growing both globally and in our country. Women have become more interested in starting a small business, self-employment. Their efforts are especially critical under the conditions of the COVID-19 pandemic. Developing women's entrepreneurship is among the priority areas of the SMBDA’s activity. The Agency takes measures to stimulate the development of women's entrepreneurship, further increase the number of women among small and medium entrepreneurs, and create appropriate support mechanisms for this purpose”.

The chairman of the Board of Small and Medium Business Development Agency (SMBDA) (KOBİA) Orkhan Mammadov stated this at the event "Women's National Business Conference / New Opportunities on the Horizon: Green Light for Women Entrepreneurs", arranged in partnership with the Women's Entrepreneurship Development Association in Azerbaijan as part of the Private Sector Development Project funded by the US Agency for International Development (USAID). It was noted that to date, the share of women entrepreneurs taken advantage of various support measures offered by SMBDA in Baku and various regions to educate entrepreneurs, improve their knowledge and skills, and access to markets and financial resources was more than 30 %. Measures for the development of women's entrepreneurship are taken in close cooperation with them based on the public-private dialogue platforms created for this purpose. The Women's Entrepreneurship Development Association is actively represented in the Public Council under SMBDA. Various measures are being taken to attract women to business and self-employment through the Agency's SMB development centers. Educational events are regularly arranged to inform women of entrepreneurship, innovations, and support mechanisms in this area and study their views and proposals.