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

Support for the implementation of sale of products and services for about 60 small and medium-sized enterprises (SMBs) 26.08.24

Support is provided for SMBs' participation in exhibitions and access to retail networks to increase sales opportunities.

From January to June 2024, about 60 micro, small, and medium-sized enterprises (SMBs) benefited from the services offered by the Small and Medium Business Development Agency (KOBİA) in this area, aimed at increasing sales and supporting entry into new markets.

At 4 exhibitions and fairs organized or supported by KOBİA, the special stands have been created for 38 SMBs to promote their products and services free of charge. During these exhibitions, SMBs expanded their sales opportunities by presenting their products to a broad audience and establishing new partnerships. Small and medium-sized enterprises seeking to promote their products and services and expand sales opportunities by participating in specialized exhibitions and fairs supported and organized by KOBİA in our country and abroad can apply to KOBİA electronically by filling out the relevant application form. Details: https://smb.gov.az/en/nav/support-for-participation-in-exhibitions

During this period, 24 requests have been received by Agency for support in accessing retail networks, with 21 entrepreneurs receiving assistance in sync with the rules. It is noted that under the support mechanism for accessing retail networks, 8 sales points have been established in retail networks operating in Baku. Micro and small business entities can apply on preferential terms for the organization of sales of their products in retail networks such as "Bravo", "Bolmart", “Megamart”, and "East Market". Details: https://smb.gov.az/en/nav/access-to-trade-networks-1