SMB

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

WUF13 Hosts Awareness Event for Entrepreneurs Rwandan Delegation Familiarized with the SMB House Model A survey is being conducted among startups “Türkiye–Azerbaijan Trade Delegation and B2B Meetings” event was held Reception of entrepreneurs to be held in Imishli Meeting Held with Entrepreneurs in Yardimli region Meetings with entrepreneurs were held in the regions Which Services Did Entrepreneurs Use Most in 2025 Entrepreneurs’ Appeals Were Heard Azerbaijani Products Attracted Great Interest at the International Halal Exhibition Held in Mecca

The 10th anniversary of the “German-Azerbaijani Joint Program for Professional Development of Managers” is celebrated 28.11.19

The meeting of the Steering committee of the “German-Azerbaijani Joint Program for Professional Development of Managers” jointly implemented by the Ministry of Economy and the German Federal Ministry of Economy and Energy was held to gain international experience and increase knowledge and skills of Azerbaijani entrepreneurs.

Coordinator of the “German-Azerbaijani Joint Program for professional development of Managers in Business Community of Azerbaijan” implemented since 2009 is Small and Medium Business Development Agency (SMBDA) of the Republic of Azerbaijan from Azerbaijani side and the German Society for International Cooperation (GIZ) from Germany.

Delivering speech at the event held on November 28, at Baku Business Center, Niyazi Safarov, Deputy Minister of Economy, Wolfgang Manig, German Ambassador to Azerbaijan, Heinz Hetmayer, Representative of the German Federal Ministry of Economy and Energy and Orkhan Mammadov, Chairman of the Board of SMBDAspoke on the economic relations between our countries, shared their views on the implementation of program and its benefits for entrepreneurs.

The representatives of SMBDA and GIZ then presented reports on the “German-Azerbaijani Joint Program for the professional development of Managers in the Business Community of Azerbaijan”. It was noted that 422 entrepreneurs and managers have benefited from the program over the past ten years. 44% of program participants are entrepreneurs and managers operating in the service sector, 26% in manufacturing, 23% in trade, and 7% in other areas.Azerbaijani companies that established relationships with German companies under the program have signed more than 350 agreements on cooperation so far.

Managers and entrepreneurs participating in the program underlined the positive impact of the program on their business activities.