SMB

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

27 June – International Day of Micro-, Small and Medium-sized Enterprises: SMEs Changing the World A reception of entrepreneurs will be held in Balakan Businessmen of the Nigde (Niğde) Region of Türkiye Visited the Baku SME House Investment Portal: A Support Tool Bringing Together Entrepreneurs and Investors on One Platform Azerbaijan Pavilion Featured at IsDB’s 14th Private Sector Forum Exhibition Winners of the Startup Competition Held Within the Framework of the Islamic Development Bank Group Annual Meetings Announced Support for Expanding Sales Opportunities of SMEs The “7th Local Companies Promotion Exhibition” is being held HELF and AZHAB Forums Held in Baku During the 51st Annual Meetings of the Islamic Development Bank Group Startup Competition Launched Within the Framework of the IsDB Annual Meetings

TIKA is interested in the development of the SMB sector in the liberated regions of Azerbaijan 28.10.20

Chairman of the Small and Medium Business Development Agency of the Republic of Azerbaijan (SMBDA) Orkhan Mammadov met with the Coordinator of the Baku office of the Turkish Cooperation and Coordination Agency (TIKA) Teoman Tiryaki.

At the meeting, where the possibilities of cooperation between the agencies were discussed, Orkhan Mammadov briefed about state support measures provided to SMBs in general and during the pandemic, as well as work carried out by SMBDA in this area, and stressed that the Agency successfully cooperates with relevant agencies of Turkey. High on the agenda of the meeting was the projects being implemented with the participation and support of relevant agencies of Azerbaijan and Turkey in the village of Jojug Marjanli in the Jabrayil region, which was liberated from the Armenian occupation. Chairman of the Agency stressed serious consequences over Armenian military provocations against Azerbaijan, its civilians, civilian infrastructure and entrepreneurs since September 27, and noted that Turkey's support to Azerbaijan is highly appreciated in the country.

During the meeting, the parties also exchanged views on the direction of developing the SMB sector in cooperation with Turkish Cooperation and Coordination Agency (TIKA) and increasing employment in the country’s regions, including newly liberated regions. In addition, the parties discussed the implementation of joint projects for entrepreneurs from vulnerable groups.