SMB

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

Training "Islamic Banking and Finance" was held A compendium outlining the principles of environmental, social, and corporate governance (ESG) has been compiled. Support for entrepreneurs engaged in production - Model enterprise SME About 8 thousand B2B services were rendered to entrepreneurs in the “Baku SMB House” The workshop focusing on securing investments for small and medium-sized businesses (SMBs) and startups is scheduled. What government services do entrepreneurs most frequently request at the "Baku SMB House"? Is it possible to get a duplicate of the “startup” certificate? KOBİA encourages investors to invest in projects led by small and SMBs and startups A seminar was conducted on the theme of "Transforming SMBs towards a Green Economy and Green Finance" 6 micro-enterpreneurs have been awarded with "Startup" certificates

International Women's Forum on Social Entrepreneurship held 08.02.23

The International Women's Forum on Social Entrepreneurship was held by the Azerbaijan Women's Entrepreneurship Development Association (AQSIA).

In his speech at an event attended by representatives and business owners from government agencies, the Chairman of the Board of the Small and Medium Business Development Agency (KOBİA), Orkhan Mammadov, pointed to the rise in women's entrepreneurship and their interest in social entrepreneurship both globally and domestically. It was reported that the percentage of women's engagement in entrepreneurship in Azerbaijan stands at about 22%. In addition, 49% of the economically active population account for women. Under its mandate, KOBİA conducts a number of measures to support the development of social entrepreneurship and women's entrepreneurship. In the previous period, grants were given to 5 female business owners and "Start-up" certificates were issued to 11 female business owners by the agency and managers have benefited from the Germany-Azerbaijan Joint Program. In 2022, approximately 4 women entrepreneurs and women seeking to start a business benefited from the trainings organized by the SMB development centres of the agency.