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

Iraq to benefit from Azerbaijan`s experience in delivering services to SMBs 08.12.23

A Memorandum of Understanding (MoU) on cooperation was signed between KOBİA and the Iraqi Federation of Industries (IFI).

As part of the 3rd Meeting of the Joint Commission on Economic, Scientific, Technical and Cultural Cooperation between the Government of the Republic of Azerbaijan and the Government of the Republic of Iraq in Baghdad, a MoU was signed between the Small and Medium Business Development Agency (KOBİA) and the Iraqi Federation of Industries.

The document was signed by Orkhan Mammadov, Chairman of the Board of KOBİA, and Adel Aqab Hassan, President of the Iraqi Federation of Industries.

The MoU addresses prospects such as promotion of cooperation between SMBs of both countries, mutual information on innovations regarding SMBs, exchange of expertise in providing services to them, organization of joint events.