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

Funding opportunities for SMBs discussed 11.07.23

At the meeting held with the director of the Islamic Development Bank Group Regional Hub Türkiye, optimizing the access of SMBs to financial resources, alternative funding and cooperation opportunities in this field were discussed.

Orkhan Mammadov, Chairman of the Board of the Small and Medium Business Development Agency (KOBİA), met with the delegation led by Walid Mohammad Abdelwahab, director of the Islamic Development Bank Group Regional Hub Türkiye, who was on a visit to Baku.

At the meeting, mutual perspectives were exchanged on the development of entrepreneurship, as well as enhancing access to financial resources of SMBs, which is one of the main activities of KOBİA, alternative funding and cooperation opportunities in this field.

Furthermore, the delegation paid a visit to "Baku SMB House" to get acquainted its activities and the services provided to entrepreneurs as part of the visit.