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 is ready to support business initiatives of women entrepreneurs in the liberated territories 25.01.22

A conference on "The role of women's entrepreneurship in the economic development of Karabakh and East Zangazur" was organized by the New Azerbaijan Party and the Parliamentary Committee on Family, Women and Children.

At the event with the participation of relevant government agencies, parliamentarians and women entrepreneurs, Chairman of the Board of the Small and Medium Business Development Agency (SMBDA) Orkhan Mammadov informed about the support and services provided by the Agency to women entrepreneurs. It was noted that taking into account the development priorities and national characteristics of the country's economy, SMBDA is taking appropriate measures to promote the development of women's entrepreneurship and increase the number of women among small and medium entrepreneurs. In 2021, about 9,000 women entrepreneurs and women wishing to start their own businesses benefited from the trainings organized by the Agency's SME Development Centers, including 65 women within the "My School" project jointly implemented by SMBDA, the State Employment Agency and the United Aid for Azerbaijan (UAFA). 3 women entrepreneurs were awarded grants and 4 women entrepreneurs were awarded Startup certificates. SMBDA is ready to support women entrepreneurs to contribute to the socio-economic development of the Karabakh and East Zangazur economic regions.