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

Memorandum of Cooperation was signed between SMBDA and the Organization of Small Industries and Industrial Parks of Iran 12.03.22

Within the framework of the 15th meeting of the State Commission on Economic, Trade and Humanitarian Affairs between the Republic of Azerbaijan and the Islamic Republic of Iran held in Baku on March 11, between the Small and Medium Business Development Agency (SMBDA) and the Iranian Organization of Small and Industrial Parks (ISIPO) a memorandum of understanding about cooperation was signed.

The document was signed by Chairman of the Board of SMBDA Orkhan Mammadov and Deputy Minister of Roads and Urban Development of the Islamic Republic of Iran Kheyrulla Khadami.

According to the memorandum, the parties will cooperate in organizing trainings, seminars, exchange programs on entrepreneurship, encourage participation in industrial parks to support the competitiveness of SMEs and expand mutual access to markets, take measures to facilitate the transfer of innovative entrepreneurship and information technology, mutual business missions, meetings and visits will be organized to support the establishment of business associations with the participation of small enterprises from Iran and Azerbaijan, mutual information will be exchanged on SME products and services, joint venture opportunities, events and exhibitions.