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

New pre-school educational institution started operating in Khirdalan with the state support 02.10.23

KOBİA further provides support to potential entrepreneurs such as consulting, training, business plan development, legal assistance, and access to financial resources for the establishment of new business entities in service sector.

New preschool institution - "Lalali Bagcha" LLC has started operating in the Khirdalan city. The institution provides a number of pre-school services for the development of young children.

The Small and Medium Business Development Agency (KOBİA) provided state support for the establishment of the “Lalali Bagcha”. The entrepreneur has received certain services such as consulting on business activities, registration of business activities, obtaining an appropriate license, converting a residential area owned by the entrepreneur into a non-residential one and coordination with state institutions to establish a kindergarten.

The entrepreneur invested 150,000 manats in the establishment of a kindergarten for 50 people. 14 people are employed in the kindergarten.

KOBİA will continue to support the entrepreneur to expand the activities.

It is worth noting that KOBİA offers a number of support and services to entrepreneurs seeking to establish or expand their business. This platform includes multifaceted support and services, such as consulting, training, business plan development, expanding access to financial resources and markets, legal assistance and protection of interests, and improving the level of services necessary for the operating and development of SMBs. Entrepreneurs seeking to establish or expand their business are encouraged to apply to KOBİA for support.