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

Domestic Market Research Was Performed for Businessmen in Various Sectors 28.04.21

Research of the domestic market in various sectors was performed to support the creation of new products and services by micro, small, and medium businesses, and encourage competitive production.

The domestic market research initiated by the Small and Medium Business Development Agency (SMBDA) covers such areas as the production of paints, optical glasses, personal and corporate clothing, mobile refrigerated warehouses, containers for household waste, creation of a textile factory, advertising, and replacing oil in cars and trucks. Entrepreneurs wishing to start or expand their business in these areas can access appropriate domestic market research on the SMBDA website at: https://www.smb.gov.az/en/nav/market-research

Unlike the research performed based on the entrepreneurs’ requests, the results of the market research initiated by the Agency are provided to the SMBs free of charge.

In 2021, at the Agency’s initiative, it is planned to perform domestic market research in other areas.

It should be noted that the SMBDA provides information and financial support to micro, small, and medium businesses in performing domestic market research. The state covers 80 and 50 % of the cost of each domestic market research performed based on the requests from micro and small businesses, respectively. As part of this support mechanism, medium businesses can take advantage of free training, seminars, and information support. In general, the amount of financial support for one domestic market research is up to AZN 20,000.

The SMBs may request the performance of domestic market research by filling in the appropriate application form on the SMBDA website and submitting it to the Agency directly or in electronic form (info@smb.gov.az).