SMB

We believe Azerbaijan’s socio-economic development is closely linked with entrepreneurship and its future development!

Attention to the SMBs with questions regarding the 7th Grant Competition Support from entrepreneurs to football clubs within the framework of Corporate Social Responsibility The 6th Meeting of the Azerbaijan–Saudi Arabia Joint Business Council Held in Riyadh Conference on "Constitution and Sovereignty – The Development of Entrepreneurship in Azerbaijan" Held Entrepreneurs Visit the Alley of Honor and the Martyrs' Alley Public Discussion Held on the Activity of Trade Networks Next meeting with entrepreneurs was hold in Aghjabadi district 450,000 AZN Allocated in Grants to Support Entrepreneurs' “Green Projects” Attention to Entrepreneurs Initiating Clustering Initiatives! Business Development Ideas from Imishli Entrepreneurs were heard

Support from entrepreneurs to football clubs within the framework of Corporate Social Responsibility 30.04.25

Corporate Social Responsibility (CSR) contributes to societal development by positively impacting social, environmental, and economic spheres. It is also essential in encouraging business to acknowledge their responsibilities towards society and support sustainable development.

Recently, entrepreneurs who operating in Sabirabad district demonstrated the importance of Corporate Social Responsibility again. Meanwhile “Sabirabad Football Club” LLC, established in 2014 applied to the Small and Medium Business Development Agency (KOBIA) and stated the financial support to continue its activity. With the initiative of the Agency, meetings are hold on the cooperative relations between football club and entrepreneurs. One of local business entities, Omega Clinic LLC, responded positively to the request and signed a sponsorship agreement with the football club in order to support it activity. Other entrepreneurs active in Sabirabad also expressed their willingness to contribute to the club’s ongoing activities.

This initiative not only support the continuity of the football club but also reflects the contribution of local entrepreneurs to the development of sports in Sabirabad, promotion of a healthy lifestyle, and youth engagement in sports. Such efforts foster increased cooperation among entrepreneurs and make a positive impact on regional development.

Entrepreneurs, particularly those in the regions who are interested in implementing CSR initiatives or seeking relevant partners and projects in this area are encouraged to contact SMB Friends for information and coordination support.

It should be noted that CSR practices began to be implemented worldwide since 1970s and initial CSR activities were related to the various emergency cases and ecological accidents. Later, CSR evolved into a broader concept encompassing business’ fulfillment of their social responsibilities. Today, CSR is an integral part of international companies’ operations, and its scope has significantly expanded. Companies engaged in CSR not only fulfill their social obligations, but also derive long-term benefits, including increased customer satisfaction, enhanced corporate image, and improved investment attractiveness.

While CSR initiatives in our country were historically implemented primarily by large corporations, in recent years, SMBs have also become increasingly active in this field. Nonetheless, major companies continue to play a leading role. Today local enterprises are launching notable CSR initiatives not only in social and environmental spheres but also across various other domains.