SMB

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

The conference devoted to ”Day of Enterpreneurs” held The meeting held between KOBİA and Federative Republic of Somalia Kenyan delegation became familiarized with the activities of the "Baku SMB House" The next meeting of the subgroup focusing on environmental, social, and corporate governance (ESG) standards was recently held. Students and graduate students from Kazakhstan visited "Baku SMB House" What criteria are used for issuing a "startup" certificate? - AWARENESS KOBİA participated in the event "Caspian Investment Forum Bishkek 2024" 16 KOB entities were awarded with "Startup" certificates in the first quarter of this year The meetings with entrepreneurs within the state-business cooperation platform are underway. To the attention of SMB entities operating in the sectors of agriculture and food industry!

Women's interest in entrepreneurship is growing 08.03.21

The Small and Medium Business Development Agency (SMBDA), represented by women entrepreneurs, congratulates all women on the occasion of March 8 - International Women's Day, and wishes them success in their activity.

Women play a special role in the social, socio-economic, and cultural life of Azerbaijan, the role of Azerbaijani women in upbringing patriotic children for our country is great.

The role of women in the economy, employment, and private sector development, and their interest in micro and small business and self-employment is growing. As of January 1, 2021, 21.3 % of entrepreneurs registered to engage in entrepreneurial activity without creating a legal entity are women.

The development of women's entrepreneurship is among the priority spheres of the Agency’s activity. The appropriate measures are being taken to encourage women's entrepreneurship and increase the number of women in SMBs; the Women's Entrepreneurship Development Association is actively represented in the Public Council under the Agency.

At the moment, over 30 % of citizens who took advantage of the SMBDA’s activity and support in the field of training entrepreneurs in Baku and various regions of Azerbaijan, expanding their knowledge and skills, and the access to the sales markets and financial resources accounted for women. The Joint German-Azerbaijani Program for Raising the Qualifications of Managers Working for Azerbaijani Companies, implemented with the partnership of SMBDA for SMBs to acquire international experience, was used by 451 entrepreneurs and managers, of which over 30 percent were women.

We express confidence that the role of women's entrepreneurship in the sustainable development of our country and the number of women in SMBs will more increase.