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 received over 1,300 applications in March-April 07.05.20

SMBDA received over 1,300 applications in March-April 07.05.2020

From March to April this year, the Small and Medium Business Development Agency (SMBDA) of the Republic of Azerbaijan received 746 applications regarding the following concerns, 370 - coronavirus pandemic and related issues, including the difficulties faced by entrepreneurs due to the pandemic, and available state and financial support measures for entrepreneurs, 225 - development of entrepreneurship, 105 – entrepreneurship related issues, 50 - support and services provided by SMBDA to entrepreneurs, as well as other matters.

During March-April, SMBDA received 598 applications at Call Center (131) with the following applications (299 - coronavirus pandemic and related issues, including the difficulties faced by entrepreneurs due to the pandemic and the financial support measures provided to them, 71 - support to start a business and expand existing businesses, 228 - the Agency's support mechanisms, access to finance, cooperation and other issues.

The applications received by SMBDA were answered in accordance with the legislation, and the applications requiring further investigation were reviewed by the structural units of the Agency and the relevant information was provided to the entrepreneurs.