SMB

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

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 B2B business meetings were convened between Azerbaijani and Pakistani businessmen The representatives of KOBİA visited Saudia Arabia Meeting with women entrepreneurs in Sumgait "The program Karabakh SMBs” are set to extend in 2024 The conference devoted to ”Day of Enterpreneurs” held The meeting held between KOBİA and Federative Republic of Somalia Kenyan delegation became familiarized with the activities of the "Baku SMB House" The next meeting of the subgroup focusing on environmental, social, and corporate governance (ESG) standards was recently held.

JICA representatives got acquainted with the mechanisms of support for local SMEs 24.05.22

Meetings and events are underway to share Azerbaijan's experience in the field of micro, small and medium enterprises. During visit to our country representatives of the Georgian office of the Japan International Cooperation Agency (JICA) got acquainted with the support and services provided to SMEs.

JICA representatives at the Khachmaz SME House were informed that the SME houses are part of the Small and Medium Business Development Agency (KOBİA). Currently, there are two SME houses in Khachmaz and Yevlakh. Khachmaz SME House provides about 250 services to entrepreneurs by public and private organizations. In 2021, more than 27,000 business entities and potential entrepreneurs applied to Khachmaz SME House. The level of satisfaction of entrepreneurs with the services is 98%. In the near future, "Baku SME House" will be put into operation for entrepreneurs. The Khachmaz SME House also has an SME Development Center (SMEDC) that provides business training and consulting services to entrepreneurs, and an SME friend office that provides on-site services to entrepreneurs. At present, SMEDCs cover 21 cities and regions of the country, and the SME friend network covers 33 cities and regions.