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 90,000 services provided to entrepreneurs in "Khachmaz SMB House" in 3 years 07.02.23

It has been 3 years since the "Khachmaz SMB House" was launched.

During this period, 90,486 services were rendered by the "Khachmaz SMB House". Of these, 86,819 were government-business (G2B) and 3,667 were business-to-business (B2B) services.

At the moment, about 170 "G2B" services are rendered by 10 government agencies and 70 necessary "B2B" services are provided by 6 private companies in the "Khachmaz SMB House". In 2022, business owners applied to "Khachmaz SMB House" for more certifications conforming the country of origin of goods, taxes, and public utilities.

Entrepreneurs are encouraged to apply to the "Khachmaz SMB House" for the necessary business registration, tax issues, licenses for ownership activities, certificates for the origin and food safety of the business, property removal from government registry, subsidies for agricultural land, permission for placing advertisement in public spaces, municipal services, banking services and more on their own business activities.

It is worth highlighting that, there are three SMB houses operating in the cities of Baku, Khachmaz, and Yevlakh. The main benefit of the SMB houses is that the services needed for business activities are provided in a single space, thus saving time and operational costs, and the level of services provided to entrepreneurs are measurable.