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

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.