SMB

We believe Azerbaijan’s socio-economic development is closely linked with entrepreneurship and its future development!

More than 900 SMEs and prospective entrepreneurs have enhanced their business knowledge and skills with state support In the first half of this year, nearly 260,000 services were provided to entrepreneurs through SME Houses A meeting was held with Neftchala entrepreneurs organized by KOBIA Awareness Event Held on the ISO 14001 “Environmental Management System Requirements” Certification Results of the 7th Grant Competition Announced for the Financing of SME Projects Entrepreneurs’ appeals and proposals have been heard In the first half of 2025, nearly 70 sectoral and informational meetings were held with entrepreneurs Attention to SMEs Engaged in Manufacturing! “Startup” Certificate Granted to SMEs Support to be Provided for the Integration of SMEs into International Quality Standards

"SMB Friend" Network to be expanded 29.01.20

In 2019, "SMB Friends" of the Small and Medium Business Development Agency (SMBDA) were launched in 10 cities and regions of the country. At present, the total number of SMB Friends, one of the main support mechanisms of SMBDA for entrepreneurs, is 21.

Last year, "SMB Friends" held 34 meetings and provided about 450 itinerant services in 14 cities and regions to discuss issues and proposals SMBs faced within the public-private cooperation platform.

Last year, the Agency received over 1,500 applications through the "SMB Friend" network. these applications were related to access to finance (34%), legal aid and consulting services (33%), protection of rights (18%), and educational issues (15%). Respective measures were taken in coordination with the relevant government agencies.

It is planned to expand the "SMB Friend" Network, and launch this mechanism in several other cities and regions of the country in 2020.

Note that emerging "SMB Friend" network since 2018, provides support and services to SMBs to establish business, expand existing business activities, identify potential investment projects and implement them through SMBs, protect interests of SMBs, raise awareness on state support mechanisms among other areas.