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

Memorandum was signed between KOBIA and “DAMU” Entrepreneurship Development Fund of Kazakhstan 11.03.24

The document envisages a number of measures and the Road Map for further development of relations in the field of SMB.

On March 11th a number of documents, including Memorandum of Understanding between the Small and Medium Business Development Agency (KOBIA) and “DAMU” Entrepreneurship Development Fund JSC (Kazakhstan) were signed with participation of the President of the Republic of Azerbaijan, Mr. Ilham Aliyev and the President of the Republic of Kazakhstan, Mr. Kasim-Jomart Tokayev.

This document describes a number of measures, including data and experience sharing, realization of training programmes on entrepreneurship, creation and promotion of joint projects etc., in order to further grow relations in the field of SMB between two countries. Along with the Memorandum, the Road Map on provision of measures for support to small and middle business has been also approved.