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 was represented at the Business Forum of the Cooperation Council of the Turkic-speaking States 10.11.21

At the Business Forum of the Turkic Chamber of Commerce and Industry in Istanbul, the chairman of the Board of the Small and Medium Business Development Agency (SMBDA) Orkhan Mammadov shared his views on the prospects for cooperation between the business circles of Azerbaijan and Turkic-speaking countries and the support the Agency can provide in this area.

It was noted that the growing bilateral and multilateral relations between the Turkic-speaking countries create great opportunities for cooperation in the business sector. SMBDA collaborates with some agencies in Turkic-speaking countries. Along with local businessmen, foreign entrepreneurs doing business in Azerbaijan also use SMBDA’s services. The priority areas comprise strengthening ties between small and medium businesses operating in Turkic-speaking countries, establishing and developing new partnerships. SMBDA is ready to provide support to those wishing to do business in Azerbaijan in appropriate fields, including coordinating them with relevant agencies and finding reliable local partners. Establishing links between SMBs through a single platform can also contribute to the development of economic relations between Turkic-speaking countries.