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

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