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

SMBDA has signed two documents during the forum 03.06.21

The Small and Medium Business Development Agency (SMBDA) of the Republic of Azerbaijan has performed several meetings and signed two documents on cooperation during the 24th St. Petersburg International Economic Forum held in St. Petersburg.

At the meeting between the Chief executive officer of the Qatar Development Bank Abdulaziz Nasir Al-Khalif with the chairman of the SMBDA Board Orhan Mammadov, opportunities for cooperation have been discussed, and a Memorandum of Understanding in the area of cooperation between the Qatar Development Bank and the Agency has been signed. The document provides for the exchange of experience in supporting the access of SMBs to financial and sales markets, the implementation of joint initiatives, etc.

During the forum, a Cooperation Agreement has also been signed between SMBDA and the Russian “Roscongress” Foundation. According to the Agreement, the parties will cooperate in areas such as arranging effective communication between business communities, mutual consultations, and information and expert support.