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

SMB development centers provide entrepreneurs with free assistance in preparing business plans 23.08.21

In 2020, the Small and Medium Business Development Agency (SMBDA) provided support to the entrepreneurs in the preparation of about 150 business plans, and in the first half of 2021 – over 120 business plans. Based on these business plans, new business entities are being created in Baku and the regions and existing entrepreneurship activities are expanding. Also, when preparing a business plan, the Agency provides support to SMBs in access to financial resources.

Business entities may contact the SMB development centers operating in more than 20 cities and regions of the country for assistance in developing a business plan. Experts of SME development centers provide entrepreneurs with free assistance in preparing business plans.