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

Number of private entrepreneurs exceeded 1 million 275 thousand 22.07.23

As of July 1, the number of private entrepreneurs registered to conduct business activities without setting up a legal entity exceeded 1.275 thousand.

According to the State Statistics Committee, three out of every four private entrepreneurs are engaged in "Agriculture, forestry and fishing", "Trade; repair of motor vehicles", "Transport and warehousing" and "Providing services in other fields" are registered in this period.

The majority of private entrepreneurs seeking to engage in business activities are registered in Baku (27.0 percent), Lankaran-Astara (10.2 percent), Gazakh-Tovuz (7.8 percent) and Central Aran (7.0 percent) economic regions.

77.6 percent of private entrepreneurs were men, and 22.4 percent were women. The ratio of women among the total number of entrepreneurs stands at 34.1 in the field of "Providing services in other fields" activity, 25.0 percent in the field of "Agriculture, forestry and fishing", 21.3 percent in the field of "Trade; repair of motor vehicles". 29.2 percent of female entrepreneurs were registered in Baku, 10.3 percent in Lankaran-Astara, 9.5 percent in Gazakh-Tovuz, and the rest in other economic regions. The gender distribution of private entrepreneurs by regions reveals that the proportion of female entrepreneurs in the economic regions of Gazakh-Tovuz (27.2 percent), Ganja-Dashkasan (25.5 percent), Nakhchivan Autonomous Republic (24.8 percent), Baku (24.2 percent) and Lankaran-Astara (22.5 percent) is higher than the national average.

https://azertag.az/xeber/2698654