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Investment opportunities expand: the investment promotion mechanism now covers 17 strategic directions The territories liberated from occupation provide extensive opportunities for investors A blood donation campaign dedicated to Remembrance Day was held Delegation of representatives of the RIYADA organization from Oman visited “Baku SME House” Volunteer blood donation campaign will be held Entrepreneurs can apply to SME Houses to obtain licenses KOBİA representatives participated in an international seminar held in Turkey The next meeting of the permanent Coordination Group operating under KOBİA was held The next professional trainings within the framework of the “Karabakh SMEs 2026” project have been completed The provision of consulting services for entrepreneurs continues

Enterprise in Hajigabul producing protein and organic fertilizer from waste launches operation 27.02.23

"Provive" LLC, company producing protein and organic fertilizer from waste, has started operating in Hajigabul Industrial District.

Orkhan Mammadov, the Chairman of the Board of the Small and Medium Business Development Agency (KOBİA), Elshad Nuriyev, the Chairman of the Board of the Economic Zones Development Agency (EZDA), and Rustam Khalilov, the head of the Hajigabul District Executive Power, paid a visit to the activities of the enterprise.

It is worth highlighting that the enterprise will produce protein (of animal origin) and organic fertilizer "Zoohumus" from food waste using the larvae of the "Black soldier fly" by applying innovative technology. This will prevent waste disposal, giving them a second life, reducing volume of harmful waste released into the atmosphere, resulting in environmentally friendly, natural and protein-rich products. Nearly 20 people will be employed in the enterprise with an investment volume of 2.3 million manats. At the moment, the production capacity of the enterprise is 15 tons per month, and it is planned to raise this volume to 30 tons in the upcoming years. The enterprise is operating on an area of 1 hectare. In February 2020, "Provive" LLC was granted the residency status of the Hajigabul Industrial Quarter under the management of EZDA. KOBİA also supported the enterprise.