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

Digitalizing SMBs has been discussed 10.06.21

The first meeting of the Working Group created to implement the Economic Cooperation and Development Organization’s (OECD) “Promoting digitalization of SMBs in Azerbaijan” project was held, arranged by the Small and Medium Business Development Agency (SMBDA).

The online meeting was attended by representatives of government agencies and organizations involved in developing and implementing the small and medium business digitalization policy in Azerbaijan, the European Union office in Azerbaijan, and the OECD, as well as international experts and specialists.

Along with the SMBDA, representatives of the Ministries of Economy, Agriculture, Transport, Communications, and High Technologies, the Central Bank of Azerbaijan, the State Agency for Public Service and Social Innovations, the State Statistics Committee, and the National Confederation of Entrepreneurs (Employers) spoke at the webinar about their organizations’ strategic action programs for digitalizing SMBs, the measures taken, and challenges in this area. At the event, international experts made presentations on the best practices and approaches in supporting the digital transformation of SMBs. The online event has ended with discussions and a Q&A session.

The “Promoting digitalization of SMBs in Azerbaijan” project is being implemented by the Ministry of Economy and SMBDA with the financial support of the European Union as part of the OECD’s “EU4Businsess” initiative. The project is aimed at promoting the digital transformation of SMBs in Azerbaijan to raise SMB competitiveness. Based on the project outcome, recommendations will be prepared for measures to be taken in Azerbaijan, considering the experience of the OECD countries.