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 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.