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

Organization for Economic Cooperation and Development Presents SMB House Model as an Advanced Innovative Experience 26.07.24

Information about SMB houses as an exemplary model of Azerbaijan in the field of entrepreneurship services was published on the organization's website.

The SMB House model from Azerbaijan has gained international recognition and success. SMB houses were evaluated as one of the advanced innovation practices in the competition conducted by the OECD's Observatory of Public Sector Innovation, experts and shared it on the organization's website as an exemplary model of Azerbaijan (https://oecd-opsi.org/innovations/single-support-service-model-for-smes-sme-house/).

The website of the Observatory of Public Sector Innovation has featured a section dedicated to sharing ideas and innovations since 2003. This section highlights innovations from nearly 90 countries, including the SMB houses managed by the Small and Medium Business Development Agency (KOBİA) in Azerbaijan.

The website presents SMB houses as comprehensive centers offering a range of services to small and medium-sized enterprises, including business planning, startup support, management, and business development. The integration and coordination of public and private sector resources on a single platform to contribute SMB sector growth is recognized as a distinctive and innovative approach.

It worth noting that the OECD Observatory of Public Sector Innovation, established in 2011, is a global forum that supports the implementation and promotion of advanced innovations in the public sector.