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

Submission of applications for advanced training in Germany completed 01.10.19

Over 50 young entrepreneurs and managers have applied to the Agency for Development of Small and Medium Businesses of the Republic of Azerbaijan for advanced training course to be held in Germany in 2020.

An interview will be organized by the German Society for International Cooperation (GIZ) in October at SMBDA to evaluate applications and select appropriate candidates.

Since 2009, 419 entrepreneurs and managers have attended training and internship courses in training centers in various German cities under the “German-Azerbaijani Joint Program for Improving Qualifications of Managers in the Azerbaijani Business Community”. Participation in the program is ensured on a competitive basis. During one-month course, entrepreneurs and managers acquired new knowledge and skills and learned international experience, established relations with leading German companies, created new products and services in our country and expanded their existing businesses.

Note that the coordinator of the joint German-Azerbaijani Program for Improving Qualifications of Managers in the Azerbaijani Business Community is SMBDA on Azerbaijani side and GIZ on German side.