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 transport and logistics sector 27.03.20

Measures are being taken to evaluate the impacts of the coronavirus (COVID-19) pandemic on entrepreneurship. Further discussions were held with entrepreneurs operating in the transport and logistics sector, including freight and passenger transportation.

Discussions held by the Ministry of Economy were attended by the representatives of the Ministry of Taxes, Small and Medium Business Development Agency (SMBDA), Baku Transport Agency, State Road Transport Service, the State Employment Service, National Confederation of Entrepreneurs (Employers). The participants made proposals and highlighted that transport and logistics sectors are likewise affected by the closure of borders in many countries or by the introduction of a special regime because of the pandemic and discussed the ways to minimize these impacts.

Entrepreneurs were informed about the undertaken actions to minimize the impact of coronavirus infection on the private sector, and looked at the areas of the planned measures and relevant proposals.

The discussions stressed the importance of further increasing the social responsibility of the private sector in the current situation. In this regard, entrepreneurs were recommended to avoid layoffs, employee cutbacks, and to demonstrate corporate social responsibility and public solidarity.