SMB

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

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 Trainings Launched for Export-Oriented Entrepreneurs 7 SMEs have been granted a 'Startup' certificate. The 7th Grant Competition for the Financing of SMEs' Education, Science, Research, and Support Projects is Announced Representatives of KOBIA participated in WCF Africa 2025 Summit Representatives of KOBIA participated in the Annual Investment Meeting held in Abu Dhabi

The "National CSR Award 2019" contest has ended 24.01.20

The "National CSR Award 2019" contest, organized in Azerbaijan to promote corporate social responsibility (CSR) has ended. Winners of the contest, held with the participation of relevant government agencies, and entrepreneurs were announced on January 24.

Note that, various CSR projects implemented by local and international companies operating in our country over the past year, were presented in the contest organized by the Association of Women Entrepreneurship Development in Azerbaijan, and the "Proactive" PR Agency.

Projects were evaluated by the Commission represented by the Ministry of Economy, Ministry of Labour and Social Protection of Population, Ministry of Education, Ministry of Environment and Natural Resources, State Committee for Family, Women and Children Affairs, Small and Medium Business Development Agency, ASAN Service, ABAD, National Confederation of Entrepreneurs (Employers) Organizations, and National Assembly of Youth Organizations.

According to the results, "Bakcell" ("Communication through Art" Project), "Kapital Bank" ("Lost Girls" Project), "Norm" LLC ("Masters Club" Project), Bank of Baku ("Let them Rejoice" Project), Unibank (The Goal - Tokyo 2020), "AzerGold" CJSC ("Fighting Climate Change" Project), and "Bank Respublika" (I Can Do It Too) were awarded the "National CSR Award 2019."

Speaking at the event, Orkhan Mammadov, Chairman of the Board of the Small and Medium Business Development Agency (SMBDA) of the Republic of Azerbaijan, said that public-private cooperation could make a significant contribution to the development of CSR in the country and business entities should focus on socially vulnerable groups while conducting business activities. It was noted that the Agency is ready to cooperate with small and medium businesses for the development of the CSR sector.