SMB

We believe Azerbaijan’s socio-economic development is closely linked with entrepreneurship and its future development!

Attention to the SMBs with questions regarding the 7th Grant Competition Support from entrepreneurs to football clubs within the framework of Corporate Social Responsibility The 6th Meeting of the Azerbaijan–Saudi Arabia Joint Business Council Held in Riyadh Conference on "Constitution and Sovereignty – The Development of Entrepreneurship in Azerbaijan" Held Entrepreneurs Visit the Alley of Honor and the Martyrs' Alley Public Discussion Held on the Activity of Trade Networks Next meeting with entrepreneurs was hold in Aghjabadi district 450,000 AZN Allocated in Grants to Support Entrepreneurs' “Green Projects” Attention to Entrepreneurs Initiating Clustering Initiatives! Business Development Ideas from Imishli Entrepreneurs were heard

SMBs are provided with state support on domestic market research 22.01.20

In accordance with the relevant Decree of the President of the Republic of Azerbaijan, micro, small and medium businesses (SMBs) are provided with information and financial support to conduct domestic market research and stimulate the competitive production in the country.

In 2019, a positive decision was made on the eight applications submitted by SMBs to the Small and Medium Business Development Agency (SMBDA) related to domestic market research. The applications were sent to consulting companies following the relevant procedure under the Law "On Public Procurement" of the Republic of Azerbaijan. Domestic market research covers the production of disposable plastic and paper containers, aluminium foil lids, nuts and dried fruit bars, paper products, and thermal paper, technological equipment for security, as well as equipment for milk and dairy products, bread production, and transport services in the tourism sector.

It should be noted that 80% of the costs related to each domestic market research, which was conducted based on the application of the micro-business entity, and 50% of the costs incurred by each domestic market research conducted based on the application of a small business entity, are funded by the state. Medium business entities can benefit from free training events, seminars, and information support. SMBDA organizes support measures to conduct domestic market research. Entrepreneurs can find out more about this in a special section (http://smb.gov.az/nav/daxili-bazar-description) created on the official website of SMBDA.