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

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