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

Over 300 trainings, over 700 consulting services, support for developing some 150 business plans 14.07.23

In the first half of 2023, KOBİA provided training and consultancy services to over 3,000 SMB entities and people seeking to start a business.

In the first half of 2023, the Small and Medium Business Development Agency (KOBİA) conducted 308 trainings for entrepreneurs seeking to start a business, and startups to acquire business knowledge and expand their existing knowledge. The trainings held by the Agency's SMB development centers operating in different cities and regions of the country covered business start-up, project management, financial management, sales, marketing, digital skills, "green economy" and other topics.

During that period, 13 entrepreneurs and managers attended a professional development course in Germany as part of the " Joint Germany-Azerbaijani Program on Professional Development Managers in the Business Community of Azerbaijan" to gain international experience.

244 entrepreneurs and people seeking to start a business become beneficiaries of the free online training videos uploaded on the video training platform of the agency.

SMB development centers provided consulting services to 729 entrepreneurs and people interested in starting a business on access to sales channels, marketing, business planning, accounting, and legal issues.

Overall, in the first half of 2023, more than 3 thousand SMBs, startups and aspiring entrepreneurs benefited from the support and services provided by the Agency to expand the business knowledge of SMBs.

In the first half of this year, KOBİA supported the development of 148 free business plans in the fields of agriculture, production, service etc.