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
There are many opportunities for Azerbaijani and Hungarian SMEs to implement joint initiatives 03.02.22
There are many opportunities for Azerbaijani and Hungarian SMEs to implement joint initiatives

Baku hosted the 8th meeting of the Joint Commission on Economic Cooperation between the Government of the Republic of Azerbaijan and the Government of Hungary and the Azerbaijan-Hungary business forum. The event was attended by representatives of relevant government agencies and businessmen from both countries.


Speaking at the meeting of the Joint Commission, Chairman of the Board of the Small and Medium Business Development Agency (SMBDA) Orkhan Mammadov made various proposals to expand cooperation between SMEs of the two countries. It was noted that intensive mutual visits with the participation of relevant agencies and businessmen should be organized for the development of relations between the SMEs of our countries. Within the framework of the Azerbaijan-Hungary Business Council, close and direct contacts can be established between the business communities of the two countries. SMBDA can support the establishment of joint ventures in agriculture, industry, ICT, services, tourism and other fields in our country with the participation of Hungarian and Azerbaijani SMEs.


Speaking at the business forum, the chairman of SMBDA stressed that there are wide opportunities for cooperation between the business communities of Azerbaijan and Hungary, and informed about the activities of the Agency. It was noted that SMBDA can support foreign businessmen wishing to establish business activities in our country, including entrepreneurs from Hungary, in liaising with relevant agencies, finding reliable local partners and other areas.

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