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

Establishment of new credit institutions expands SMEs' access to financial resources 18.02.22

An event was held in the financial sector to establish a new non-bank credit organization (NBCO) - "AZPUL" LLC. At the event, Chairman of the Board of the Small and Medium Business Development Agency (SMBDA) Orkhan Mammadov said that the activities of microfinance institutions are important in terms of improving the access of entrepreneurs to financial resources. It was noted that SMBDA positively assesses the establishment of new non-bank credit institutions in the financial sector and innovative financial services. The Agency is also working to increase access to financial resources for SMEs. For this purpose, a consultative platform has been established, funding for innovative projects is provided through a grant program implemented by SMBDA, and other measures are being taken.