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

Startup certificate awarded to another 7 SMBs 30.01.24

So far, KOBİA has awarded 130 “Startup” certificates to micro and small business entities.

The first "Startup" certificates for 2024 were presented to 7 SMBs. Thus far, the number of "Startup" certificates issued by the Small and Medium Business Development Agency (KOBİA) to micro and small business entities has reached 130. "Startup" certificates were given to the following projects: An online platform for the sale of works of art by individual entrepreneur Nigar Novruzzadeh, online services in cyber security of "Cybersign" LLC, "Oneplusone" LLC's online platform for amateur athletes, "Eattable" LLC's online restaurant recommendation and reservation platform (mobile application), specialized software for logistics companies of "Ini.az" LLC, restaurant management platform of "Food Lab" LLC and game-based online education platform for students of individual entrepreneur Shamistan Alizadeh.

The "Startup" certificate exempts SMBs from profit and income tax on their income from innovation activities for a period of 3 years from the date of receipt of the certificate.

Micro and small business entities whose projects are currently being developed are encouraged to apply to KOBİA for a "Startup" certificate. The application form and other necessary documents, as well as detailed information about the relevant criteria, are posted here: https://smb.gov.az/az/nav/startap-sehadetnamesi