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
KOBİA and KOSGEB signs Memorandum of Intent 04.11.22
KOBİA and KOSGEB signs Memorandum of Intent

The 10th meeting of the joint Intergovernmental Commission on economic cooperation between the Republic of Azerbaijan and the Republic of Türkiye was held in Baku with the participation of the Prime Minister of the Republic of Azerbaijan Ali Asadov and the Vice President of the Republic of Türkiye Fuat Oktay.


As part of the meeting, a number of documents were signed, including the Protocol of Intent between the Small and Medium Business Development Agency (KOBİA) and the Small and Medium Enterprises Development Organization of Türkiye (KOSGEB) on expanding the micro, small and medium enterprises’ access to financial resources. 


The document was signed by the Chairman of the Management Board of KOBİA Orkhan Mammadov and the Chairman of KOSGEB Hasan Basri Kurt.

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