SMB

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

27 June – International Day of Micro-, Small and Medium-sized Enterprises: SMEs Changing the World A reception of entrepreneurs will be held in Balakan Businessmen of the Nigde (Niğde) Region of Türkiye Visited the Baku SME House Investment Portal: A Support Tool Bringing Together Entrepreneurs and Investors on One Platform Azerbaijan Pavilion Featured at IsDB’s 14th Private Sector Forum Exhibition Winners of the Startup Competition Held Within the Framework of the Islamic Development Bank Group Annual Meetings Announced Support for Expanding Sales Opportunities of SMEs The “7th Local Companies Promotion Exhibition” is being held HELF and AZHAB Forums Held in Baku During the 51st Annual Meetings of the Islamic Development Bank Group Startup Competition Launched Within the Framework of the IsDB Annual Meetings

Familization with the activities of the textile factory 31.03.23

Ex views were exchanged with representatives of KOBİA on the development needs and export opportunities of the enterprise.

Orkhan Mammadov, Chairman of the Board of the Small and Medium Business Development Agency (KOBİA) and representatives of the Agency paid a visit to the textile factory of "Alyans Tekstil" LLC located in the city of Sumgayit. As part of the familiarization with the enterprise, ideas were exchanged with the head of the factory about the enterprise's development needs and export opportunities, information was supplied on the SMB support mechanisms and measures of KOBİA.

It is worth noting that the factory produces 300-350 pieces of work uniforms per day. The enterprise together with Japanese and German equipment makes use of local and Turkish raw materials. Some 200 workers from the cities of Sumgait and Baku are employed in the factory. As part of the cooperation with the State Employment Agency, the enterprise attracts unemployed people to vocational training and provides jobs to those who successfully complete the course.