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

Views were exchanged on the trade finance of SMEs in Azerbaijan 10.09.20

The meeting was held between Orkhan Mammadov, Chairman of the Management Board of the Small and Medium Business (SMB) Development Agency of the Republic of Azerbaijan and Nuri Guliyev, head of the Russian Export Center’s representative office in Azerbaijan.

At the meeting, the parties discussed the empowerment of support of bringing of the small and medium enterprises to the foreign market within the framework of bilateral business partnership.

Chairman of the Management Board of the Agency Orkhan Mammadov noted the importance of the trade finance of SMBs during a pandemic, informing of the completed work on development of small and medium-sized businesses in the country.

Nuri Guliyev informed about the financial support of financial institutions of the group of Russian Export Center to foreign companies and stressed that the SMBs of Azerbaijan can also take advantage of this support.

Upon the totals of the meeting, the parties agreed to consider the application of the support mechanisms of SMBs within existing capabilities.