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

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.