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
In the first half of this year, 16 SMEs were awarded the "Startup" certificate 19.07.22
In the first half of this year, 16 SMEs were awarded the "Startup" certificate


In the first half of 2022, 46 micro and small entrepreneurs applied to the Small and Medium Business Development Agency (KOBİA) for the issuance of the "Startup" certificate. 16 micro-entrepreneurs were awarded certificates by the Council of Experts based on the "Criteria for determining a startup" approved by the decision of the Cabinet of Ministers dated January 29, 2021. The "Startup" certificates were presented for agriculture, agribusiness, mobile application, fintech, online platform, production areas containing innovative solutions, e-commerce projects.


In total, 44 micro and small business entities have been awarded the "Startup" certificate.


The "Startup" certificate exempts SME entities from profit and income tax on their revenues from innovation activities for a period of 3 years from the date of receipt of the certificate.


Micro and small business entities whose projects are in the development stage can apply to KOBİA for a "Startup" certificate. The application form and other necessary documents, as well as detailed information about the relevant criteria, can be found at the following link: https://smb.gov.az/az/nav/startap-sehadetnamesi

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