SMB

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

Training events are being conducted within the framework of the Business Partnership Programme 35 "Startup" Certificates have been issued during the elapsed period of the current year For the attention of entrepreneurs operating in the Gabala and Ismayilli Districts! Interest in SME Houses as an innovative model in the field of business services is increasing Additional 55 people were engaged in training within the framework of the “Karabakh SME 2026” project More than 312,000 services were provided to entrepreneurs in SME Houses in the first half of 2026 Applications of entrepreneurs were considered at KOBİA In the first half of 2026, the KOBİA Call Centre via number 131 responded to approximately 5,000 enquiries The next meeting within the framework of the "Investment Journey" project was held in the city of Aghsu Business projects that have received the "Startup" Certificate are developing

Innovation and Startup Competition is announced for startups! 20.04.26

The Small and Medium Business Development Agency (KOBİA) under the Ministry of Economy and the Islamic Development Bank Group jointly announce an Innovation and Startup Competition for startups.

The competition aims to support startups with high potential from member countries of the Islamic Development Bank Group to demonstrate their innovative ideas, establish connections with global investors, and expand opportunities for access to international markets.

The deadline for joining the competition is 15 May.

Stages of the competition:

- Global open call. Startups (innovation, business model, team, impact) apply through the official platform until 15 May.

- Selection and evaluation. Experts from venture capital firms, financial development institutions and corporations evaluate applications until 17 May.

- Mentorship and intensive training programme (“Bootcamp”). Selected startups participate in training on fundraising, financial modelling and pitching on 13–15 June.

- Investor pitching and semi-finals. Startups present to the international jury and establish connections with investors on 16–17 June.

Prizes and opportunities of the competition:

- Monetary award

- Certificates and recognition plaques

- Exhibition package of the Islamic Development Bank Group Private Sector Forum (PSF)

- Opportunity to participate in international exhibitions

Startups that believe their projects will enter global markets and are ready to compete at global level can register using the following link: https://isdb.untap.us/programs/2026#block-about