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 a thousand SMBs, startups, and aspiring entrepreneurs received training and consulting services in the field of entrepreneurship. 12.07.24

In the first half of 2024, 75 training sessions were organized, 2293 hours of consulting services were provided, and 152 business plans were developed.

The Small and Medium Business Development Agency (KOBİA) organized 75 training sessions for around 800 participants to help entrepreneurs, startups, and those starting a business acquire new skills and improve existing ones. The training covered topics such as business startup, project management, financial management, sales, marketing, digital skills, "green economy, "and others.

During this period, 32 entrepreneurs and managers completed a training course in Germany under the “Business Cooperation with Germany” Program to gain international experience.

On the Agency's video training platform, 48 entrepreneurs and individuals aspiring to start a business have benefited from the free online training videos.

Consulting services totaling 2,293 hours have been provided to 208 entrepreneurs and individuals aspiring to start a business on topics including sales channels, marketing, business planning, accounting, and legal issues.

In the first half of this year, KOBİA supported the free preparation of 152 business plans in the areas of agriculture, manufacturing, services, and other sectors.

Overall, in the first half of 2024, more than 1000 SMB, startups, and individuals seeking to launch a business benefited from the support and services provided by the Agency to enhance business knowledge and skills among SMBs.