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

Nearly 70 SMBs benefit from state support mechanisms for expanding sales prospects in January-September 31.10.23

SMBs are given the opportunity to benefit from the support tools for access to exhibitions and trade networks provided by KOBİA to facilitate the expansion of sales prospects.

In January-September 2023, some 70 micro, small and medium businesses benefited from the state support mechanisms for expanding the sales prospects of SMBs provided by the Small and Medium Business Development Agency (KOBİA).

In this period, the Agency received 168 applications from SMBs to harness the support mechanism for involvement in exhibitions. Of these, 60 SMBs that met the relevant requirements had the opportunity to participate free of charge in 6 exhibitions held in Azerbaijan and abroad (1 international and 5 domestic fairs). SMBs seeking to promote their products and services and expand their sales prospects by taking part in specialized exhibitions and fairs held with the support and organization of KOBİA in Azerbaijan and abroad are encouraged to apply to KOBİA by filling out the appropriate electronic application form: https://bit.ly/3KA0f1N

In January-September of this year, support was provided to 8 SMBs complying with the relevant rules based on the applications received by the Agency to benefit from the state support mechanism for access to trade networks. In this period, the number of sales points under the support mechanism for access to trade networks was increased to 5. Micro and small businesses are offered to apply to KOBİA to organize the sale of their products on favourable terms in large trade networks: https://bit.ly/3OOjF5F