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 Was Represented at the Meeting of the Russian-Azerbaijan and Azerbaijan-Russian Business Councils 27.04.21

On April 26, a regular meeting of the Russian-Azerbaijani and Azerbaijani-Russian business councils was held.

At the online meeting attended by state officials and businessmen of the two countries, the parties exchanged views on the current relations and prospects for cooperation between Azerbaijan and Russia in various economic sectors, including small and medium businesses (SMBs).

The Small and Medium Business Development Agency (SMBDA) was also represented at the meeting. Speaking at the event, the Chairman of the SMBDA Board Orkhan Mammadov provided information on the Agency’s cooperation in the SMB field with the appropriate organizations of Russia and the joint events held and expressed interest in establishing new partner relations. He has noted that the Agency will support Russian companies interested in investing in our country, searching for local partners, and expanding cooperation with Azerbaijani SMBs through the SMB Development Centers (SMBDCs), the ‘SMB Friend’ support network, and the SMB houses, as well as within the framework of existing support mechanisms.