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 Friend offices are now open to provide services to entrepreneurs 08.05.20

The offices of SMB Friends of the Small and Medium Business Development Agency (SMBDA) of the Republic of Azerbaijan, operating in cities and regions of the country, with the exception of Baku, Sumgait, Ganja, Lankaran and Absheron regions, have resumed the provision of services for micro, small and medium entrepreneurs as of May 4.

When entrepreneurs visit SMB Friends offices, “SME volunteers” monitor compliance with the necessary social distancing behavior and sanitary and epidemiological rules prescribed by the Task Force under the Cabinet of Ministers.

Friends of small and medium business working in the regions of Baku, Sumgait, Ganja, Lankaran and Absheron continue to provide online support and services to entrepreneurs.

SMB Friend mechanism is one of the main tools to support micro, small and medium enterprises through Agency representatives in the country's regions.

In total, 22 SMB friends working in different cities and regions of the country provide information, advice, coordination, training, legal assistance, protection of rights, improving access to markets and other support and services for entrepreneurs. SMB friends provide entrepreneurs with online services during special quarantine regime.

SMB Friends organized online events with the participation of circa 10,000 business entities. Entrepreneurs working in areas affected by the coronavirus pandemic were informed about the mechanisms of financial and economic support of the state, covering all administrative regions of the country, and received answers related to this support.