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

SME Development Agency to cooperate with “Ernst & Young Holdings” 11.07.19

A memorandum of understanding has been signed for cooperation between the Small and Medium Enterprise (SME) Development Agency of the Republic of Azerbaijan and the local branch of Ernst & Young Holdings.

The document was signed by Orkhan Mammadov, Chairman of the Board of the SME Development Agency and Ilgar Valiyev, Head of the Azerbaijan branch of Ernst & Young Holdings.

For the purpose of supporting the development of small and medium businesses, the Memorandum envisions implementation of modern initiatives, raising awareness of entrepreneurs, expansion of practical links between private and public sectors, realization of joint project, including the application of the “Wavespace” program of Ernst & Young Holdings in the agency and mutual cooperation in joint organization of“Entrepreneur of the year” and “Entrepreneurial Winning Women” events.

As a part of cooperation, in order to improve the business skills of SME entities, the training, consulting and other coaching services will be provided, the human potential and international practice of Ernst & Young Holdings will be used, instruction materials for SMEs will be prepared and joint support will be provided for the participation of start-ups, micro and small businesses in exhibitions and experience-sharing programs.