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

SMBDA has held several meetings during the forum 05.06.21

The Small and Medium Business Development Agency (SMBDA) of the Republic of Azerbaijan performed several meetings on expanding cooperation in the field of SMBs as part of the 24th St. Petersburg International Economic Forum held on June 2-5 in St. Petersburg.

At the meeting between the chairman of the SMBDA Board Orkhan Mammadov and the vice-president of the Chamber of Commerce and Industry of the Russian Federation Vladimir Padalko, issues of establishing direct contacts between the SMBs of Azerbaijan and Russia, holding seminars and training courses in the SMB development centers with the participation of Russian experts, exchange of experience in arranging national entrepreneurship competitions, and cooperation in informing and consulting services were discussed.

At the meeting with the chairman of the Public Council for Small Business Development under the Governor of St. Petersburg Elena Tsereteli, it was noted that the SMBDA is interested in cooperation with the council, and the exchange of experience in the provision of services to the SMBs and other cooperation areas were discussed.

At a meeting with the head of “Roseximbank” OJSC Azar Talibov, the parties discussed the prospects for cooperation in expanding the SMBs’ access to financial resources and the possibility of informing the Azerbaijani SMBs interested in the financial instruments offered by the bank.

At the meeting of the chairman of the SMBDA Board Orkhan Mammadov with the head of the "Machine-building cluster" of the Republic of Tatarstan Sergey Mayorov and the "Entrepreneurship factory" project leader Aydar Bulatov, the parties exchanged views on the use of clusters in terms of realizing the competitive advantages of businesses, deepening the sectoral specialization of SMBs, and developing the business thinking.