SMB

We believe Azerbaijan’s socio-economic development is closely linked with entrepreneurship and its future development!

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

Entrepreneurs' sales opportunities are expanding 25.07.22

In the first half of 2022, the Small and Medium Business Development Agency (KOBİA) provided free support for the display and sale of products and services of more than 600 micro, small and medium business entities at 16 exhibitions and fairs. 80% of entrepreneurs participating in exhibitions and fairs were micro, 15% small, and 5% medium enterprises. At exhibitions and fairs SMEs presented their products and services mainly in the fields of industry, agriculture, food, textile, handicrafts and other fields of activity.

During this period, KOBİA received 59 applications for the purpose of supporting micro and small business entities to access their products to trade networks. 30 of the applications are related to food products, 27 to non-food products, and 2 to other categories of products. The agency has started selling the products of micro and small entrepreneurs by renting appropriate space in the "Sharq Bazari" complex and the "Bolmart" market. Honey and beekeeping products, flour and flour products, granola food products, soft drinks, apple cider vinegar, dried fruit, spice, handicrafts and other products of SMEs are sold here. Work is being done with other trade networks in order to support the access of SMEs to trade networks, and at the same time, applications from micro and small entrepreneurs who want to benefit from this support continue to be received.