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

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.