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

In September, about 3,000 entrepreneurs and those wishing to start their own business took advantage of SMBDA’s training and consulting services 11.10.21

The Small and Medium Business Development Agency (SMBDA) provides entrepreneurs, those wishing to start their own business, and startups with training and consulting services tailored to their needs.

In September, about 3,000 entrepreneurs and those wishing to start their own business passed over 220 pieces of business training arranged by the Agency's SMB Development Centers (SMBDCs). The training covered business planning and development, marketing and sales, finance, taxes, insurance, human resource management, export, entrepreneurship legislation, professional communication skills, and other topics.

Last month, SMBDCs also provided consulting services to 260 entrepreneurs on the preparation of business plans and projects, coordinating them with public and private agencies to implement business ideas, access to financial resources, etc.

In September, SMBDCs provided the required support in establishing 13 new SMBs in Baku and the regions.