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

Discussions held with entrepreneurs operating in the public catering sector 26.03.20

Discussions were held to examine the impact of the coronavirus (COVID-19) pandemic on entrepreneurs operating in the public catering sector.

Discussions were attended by the representatives of the Ministries of Economy, Taxes, Labor and Social Protection of Population, Small and Medium Business Development Agency (SMBDA), National Confederation of Entrepreneurs (Employers). The entrepreneurs made proposals, and noted the coronavirus infection affected various sectors of the economy, including the public catering sector and also discussed the ways to minimize its impact.

It was highlighted that the government of Azerbaijan has always been along with entrepreneurs and will support them in these difficult times. Entrepreneurs were informed about the measures undertaken by the Government of Azerbaijan to minimize the impact of coronavirus infection on the business environment and economic activity. It was noted that the Working Group established to assess the impact of the coronavirus pandemic on the Azerbaijani economy, is currently preparing mechanisms to support entrepreneurs and employers, and relevant proposals to ensure sustainable economic growth.

The measures are being taken to eliminate the negative economic impacts on the public-private sector partnership. Sharing the social responsibility of the private sector is a must, and measures are being identified to support entrepreneurs in this area. In this regard, entrepreneurs are recommended to avoid layoffs, employee cutbacks, and urged to show corporate responsibility and social solidarity.