SMB

We believe Azerbaijan’s socio-economic development is closely linked with entrepreneurship and its future development!

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 was represented at the UN Headquarters at an event dedicated to International SME Day 27.06.22

June 27 is the day of micro, small and medium entrepreneurs in the world. In this regard, at the UN Headquarters in New York with the organization of the International Council on Small Business, and with the support of the United Nations Conference on Trade and Development (UNCTAD), the Industrial Development Organization(UNIDO) and others conference was held on "Sustainability and Reconstruction: SMEs for Sustainable Development".

Our country was represented at the event by the leadership of the Small and Medium Business Development Agency (KOBİA).

Speaking at the event, Chairman of the Board of KOBİA Orkhan Mammadov noted that the level of development, diversification and innovation of SMEs is an indicator of the level of development of countries. It was noted that SMEs in Azerbaijan, as well as around the world, contribute to employment, economic growth and sustainable development. SMEs account for 99% of entrepreneurs in Azerbaijan. Orkhan Mammadov informed about the activities of KOBİA, measures taken to support SMEs in our country and support tools.

It should be noted that according to the UN General Assembly resolution on sustainable development goals, as well as its contribution to sustainable economic development, this date has been celebrated since 2017 under the slogan "The great impact of small business."