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 "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.