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

In the first half of this year, SMBs Service Centers provided more than 200 000 services to entrepreneurs 17.07.24

Entrepreneurs most frequently turned to the SMBs service centers for documents necessary for conducting business, taxation and customs issues, as well as utility services.

From January to June 2024, SMBs service centers provided 208,194 services to entrepreneurs. Of these, approximately 158,000 were provided at the "Baku SMB House," over 41,000 at the "Yevlakh SMB House," and more than 9,000 at the "Khachmaz SMB House."

More than 189,000 services provided at SME houses were delivered by government institutions ("G2B"), and about 20,000 by commercial organizations ("B2B"). Entrepreneurs most frequently approached SME houses for cargo transportation permits, distinction signs, certificates of origin, permits for placing advertisements in open spaces, registration of individuals with tax authorities and other tax-related matters, as well as customs, utility, and other payments and banking services.

The satisfaction level of entrepreneurs with the services provided at the SMBs Service Centers is 98%.

It should be noted that the SMBs service centers, which are part of the Small and Medium Business Development Agency (KOBİA), serve as a one-stop-shop for providing "G2B" and "B2B" services.

Currently, three SMBs Service Centers operate in the cities of Baku, Khachmaz, and Yevlakh.

In total, more than 50 government and private organizations provide over 300 "G2B" and "B2B" services necessary for entrepreneurial activities in the SMBs service centers.