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

Women express interest in regional entrepreneurial activity 20.09.19

The Small and Medium Business Development Agency of the Republic of Azerbaijan (SMBDA) and GIZ hold joint events to ensure training of women interested in regional entrepreneurial activity.

In the framework of these events, a series of training was organized for young women potential entrepreneurs on various topics in Qazakh, Agstafa, Samukh and Naftalan region in August and September 2019. The training programs were dedicated to topics as ‘Launch your own business,’ ‘Preparation of business plans,’ and ‘ICT skills of young potential women entrepreneurs.’ About 100 women participated in the training program to learn about compiling business plans and financial statements, and receive knowledge and skills in the area of ICT as well as to familiarize themselves with the legislation regulating the business sector and mechanisms of state support to business entities.

During the series of training, a survey was conducted among potential women entrepreneurs to identify the need to develop the working skills of females in the regions. Given the survey outcomes, such training programs will be continuously held in the regions.

It should be noted that, under the ‘Strategic Road map for production and processing of agricultural products,’ SMBDA implements various educational events and projects to promote the employment of women and youth in the agricultural sector.

Women that have completed the training program are awarded certificates.

In the following stages, young potential women entrepreneurs will undergo internships at production facilities, and exhibitions will be organized to showcase their products.