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

More than 800 business entities and potential entrepreneurs have attended the business trainings 16.04.24

In Q1 of 2024, 75 trainings have been held, more than 200 consultation services have been provided, and more than 150 business plans have been built for entrepreneurs and startups.

In January-March of current year, 75 trainings have been organized by the Small and Middle Business Development Agency (KOBİA) for the purposes of increasing business knowledge of SMB entities and improving their level of awareness on entrepreneurship. Given the training needs of SMBs, the trainings mainly have covered sales, marketing, accounting, staff management, branding, application of business innovations, preparation of business plan, project management and other themes.

In this period 13 entrepreneurs and managers have attended the refresher training in Germany as part of "Business engagement Programme with Germany" of which KOBİA is a coordinator in order to master international practice. 45 entrepreneurs and startups have benefited from online training videos over the video training platform of the Agency free of charge.

In general, in Q1 of 2024, more than 800 business entities and potential entrepreneurs have taken part in trainings held with the organization by the Agency.

In this period 208 entities have been provided with consultation service for business establishment and growth. KOBİA has provided support to SMB entities for building 152 business plans.