SMB

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

Investment opportunities expand: the investment promotion mechanism now covers 17 strategic directions The territories liberated from occupation provide extensive opportunities for investors A blood donation campaign dedicated to Remembrance Day was held Delegation of representatives of the RIYADA organization from Oman visited “Baku SME House” Volunteer blood donation campaign will be held Entrepreneurs can apply to SME Houses to obtain licenses KOBİA representatives participated in an international seminar held in Turkey The next meeting of the permanent Coordination Group operating under KOBİA was held The next professional trainings within the framework of the “Karabakh SMEs 2026” project have been completed The provision of consulting services for entrepreneurs continues

There are many opportunities to expand cooperation with Turkey in the field of SMEs 19.05.22

Small and medium enterprises (SMEs) account for 99% of businesses in Azerbaijan and Turkey. The expansion of economic ties between SMEs can make a significant contribution to increasing the total trade turnover and investment between our countries.

This was announced by the Chairman of the Board of the Small and Medium Business Development Agency (KOBİA) Orkhan Mammadov during his speech at the General Meeting of the Azerbaijan-Turkey Businessmen Public Union (ATIB). It was noted that KOBİA is ready through various mechanisms and services to support businessmen operating in Azerbaijan or wishing to establish a business here. SME houses, SME development centers, SME friends network, support for internal market research, Startup Certificate, etc. are among the support tools provided by KOBİA. In addition to traditional business models, organizational and legal forms such as public-private partnership (PPP) and clustering can be widely used to increase mutual economic activity. The involvement of Turkish businessmen in the process of reintegration of our liberated lands into the economy forms a new area of our economic relations with Turkey. Most of the foreign applications received by KOBİA to do business in the liberated territories belong to Turkish companies.