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 representatives visit a production enterprise in Sumgait 07.10.23

KOBİA representatives got acquainted with the production process at the polyethylene products production enterprise and took an interest in the development needs of the entrepreneur.

Micro, small and medium enterprises contribute to the increase of production and employment in the country. Orkhan Mammadov, Chairman of the Board of the Small and Medium Business Development Agency (KOBİA), and representatives of the Agency paid a visit to one of such enterprises operating in Sumgait city. KOBİA representatives acquired detailed information on the production process at the enterprise and shared their ideas with the entrepreneur on development needs.

It is worth highlighting that the enterprise operating under "Fin Plast International" LLC produces food packages, polyethylene covers and bags, as well as other polyethylene products. Some 200 people are employed in the enterprise, which has been operating since 2017. The establishment of the enterprise was supported by the state.