SMB

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

The conference devoted to ”Day of Enterpreneurs” held The meeting held between KOBİA and Federative Republic of Somalia Kenyan delegation became familiarized with the activities of the "Baku SMB House" The next meeting of the subgroup focusing on environmental, social, and corporate governance (ESG) standards was recently held. Students and graduate students from Kazakhstan visited "Baku SMB House" What criteria are used for issuing a "startup" certificate? - AWARENESS KOBİA participated in the event "Caspian Investment Forum Bishkek 2024" 16 KOB entities were awarded with "Startup" certificates in the first quarter of this year The meetings with entrepreneurs within the state-business cooperation platform are underway. To the attention of SMB entities operating in the sectors of agriculture and food industry!

The results of the competition for funding SMB projects have been announced 30.04.21

The results of the first competition for funding educational, scientific, research, and support projects of micro, small and medium businesses have been announced.

It was decided to finance 15 of 329 projects submitted for the competition held by the Small and Medium Business Development Agency (SMBDA).

At a meeting of the Expert Commission created to examine projects, held on April 30, it was noted that a total of 329 projects were submitted to the competition, including 322 – by SMBs and 7 – non-entrepreneurial entities. 129 SMB projects belong to legal entities and 193 – individuals; 319 projects relate to micro-businesses and 3 – small businesses. Among the projects submitted for the competition, 128 educational, 99 support, 32 research, 5 scientific, and 65 multidirectional projects.

Note that documents for the first competition for funding educational, scientific, research, and support projects of micro, small and medium businesses were accepted from February 17 to March 18, and the examination and assessment of projects were held from March 19 to April 23. When assessing projects according to the criteria approved by the Cabinet of Ministers on September 30, 2020, the Expert Commission was guided by factors such as the impact of the project on the development of micro, small and medium businesses, innovation, the sound idea, the possibility of practical use, the experience and availability of material and technical base required to implement the project, etc.

The information on SMBs whose projects will be funded has been posted on the SMBDA website (https://bit.ly/3oZx4HZ).