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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

KOBİA representatives visit "VMF Natural Frequencies" watch factory 14.03.23

Views were exchanged on the enterprise's activities and development needs

The Chairman of the Board of the Small and Medium Business Development Agency (KOBİA) Orkhan Mammadov and the employees of the Agency paid a visit to the watch factory "VMF Natural Frequencies" located in Gobu settlement. Within the scope of familiarization with the enterprise, opinions were exchanged on the factory's activity and development needs.

It is worth highlighting that the factory with 17 employees produces classic, sports watches and children's watches. The number of watches produced at the factory per month is about 900-1200. As of 2022, the factory has launched the production of sunglasses.