SMB

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

Attention to SMEs Interested in Collaborating with Oil and Gas Companies! An event dedicated to the 102nd anniversary of the birth of Heydar Aliyev was held at KOBIA Entrepreneurs’ Questions Regarding the 7th Grant Competition Addressed A Meeting Was Held with Female Inmates at Penitentiary Institution No. 4 of the Penitentiary Service A Memorandum of Understanding Signed Between KOBIA and the Belarusian Universal Commodity Exchange JSC The Path to Entrepreneurship – Take Your First Step into Business with the Self-Employment Program 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

"The program Karabakh SMBs” are set to extend in 2024 29.04.24

Approximately 50 SMB entities have been established and supplied with necessary equipment through the self-employment initiative under the program's framework.

Approximately 50 SMB entities have already been supplied with necessary equipment within the "Karabakh SMBs” program aimed at supporting improvement of social welfare of war participants, veterans, martyr families and ensure their employment.

It's important to highlight that the program has been implemented with the support of Small and Medium Business Development Agency (KOBİA), State - owned Employment agency under the Ministry of Labor and Social Protection of the Population and with the financial support of " Pasha Holding" since April 2023.

The program encompasses the districts of Baku, Shamakhi, Ismayilli, Sheki, and Zakatala. Participants were provided with essential topics crucial for program engagement, such as financial management, business planning, marketing, human resources management, Participants who successfully completed the business trainings and sales trainings were engaged in their chosen fields of activity, which included the production of plastic windows and doors, furniture manufacturing, sewing, hairdressing, and craft training. At the final stage of the program, participants were provided with the equipment necessary for independent work, as a result of which about 50 new SMBs were created.

"The program Karabakh SMBs” are set to extend in 2024." Further specifics regarding the application process and program stages will soon be made available to the public.