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

Meeting with business associations held 04.09.19

September 4 the Agency of the Republic of Azerbaijan for Development of Small and Medium Business (SMBDA) hosted a meeting with the business associations that operate in the country and represent hundreds of entrepreneurs.

The event informed producers and exporters of pomegranates, beekeeping, wines, persimmon, olives, construction materials, tourism, furniture, packaging, textiles, machinery and equipment as well as members of women’s and disabled entrepreneurs’ associations about government support mechanisms including regulations on government support for domestic market research approved by the Decree of the President of the Republic of Azerbaijan dated 29 May 2019

The participants learned that according to the relevant regulations, the government support for market research is provided to micro, small and medium enterprises. The entrepreneurs can address to SMBDA for matters related to the domestic market research. Entrepreneurs as well as business associations can get detailed information on the domestic market research on the special page of the SMBDA website at http://smb.gov.az/nav/daxili-bazar-arasdirmalari.

Participating members of the entrepreneurs’ associations stated their special interest in domestic market research recently, spoke about future reduction of costs and risks in the related areas as a result of the state support in domestic market research and expressed their readiness to make significant contributions to creation of new manufacturing areas, products and services.