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

KOBİA at the 2nd Turkey-Azerbaijan Energy Forum 06.10.22

The 2nd Türkiye-Azerbaijan Energy Forum was held in Istanbul.

Orkhan Mammadov, Chairman of the Board of the Small and Medium Business Development Agency (KOBİA), took part at the forum, which was attended by Parviz Shahbazov, Minister of Energy of Azerbaijan, and Fatih Donmaz, Minister of Energy and Natural Resources of Türkiye, as well as relevant state institutions and organizations from both countries.

In his speech at the forum, the chairman of KOBİA shared his views on the activity of SMEs in the energy sector. It was noted that the energy sector creates new perspectives for the development of mutual relations between our countries. 99% of businesses in both countries are SMEs, and several of them are represented in the energy sector. Expanding economic relations between SMEs in the energy sector can make a significant contribution to increasing the volume of general trade and investments.