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: Shaki's great tourism potential creates additional benefits for SMBs 07.07.21

The ceremony of presenting the certificate on the inclusion of the Shaki historical center together with the Khans’ Palace in the UNESCO World Heritage List was held.

At the event arranged by the State Tourism Agency, the Chairman of the Board of the Small and Medium Business Development Agency (SMBDA) Orkhan Mammadov noted that Shaki's great tourism potential created additional benefits for small and medium enterprises operating in the region, as well as potential entrepreneurs. It was noted that promoting entrepreneurship in the field of tourism was one of the directions of the SMBDA’s activity, and SMBs with startup ideas in the area of tourism could apply to the SMBDA for a “Startup” certificate and financial support in the internal market research. In Shaki, an "SMB Friend" office and the SMB Development Center (SMBDC) operate, which support the creation of new SMBs and development of existing ones, protect the SMB interests, inform entrepreneurs on the mechanisms of state support, and provide consulting and training services to improve their business knowledge and skills.