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's participation in economic development is growing 18.05.22

The SHE Congress (Smart. Happy. Elegant) was held on May 18. This year's event, organized by the Women Entrepreneurs of Azerbaijan, is dedicated to "The role of women's entrepreneurship in economic development." The event is also supported by the Small and Medium Business Development Agency (KOBİA).

Speaking at the event, Chairman of the Board of KOBİA Orkhan Mammadov stressed the importance of using the existing potential of women for economic and social development. It was noted that increasing the role of women in the economy is also among the targets of the UN Sustainable Development Goals. As of April 1, 2022, 21.5% of individual entrepreneurs in our country are women. Women's participation in economic development is growing.

Taking into account the development priorities and national characteristics of the country's economy, KOBİA is taking appropriate measures to promote the development of women's entrepreneurship and further increase the number of women among small and medium entrepreneurs. Thus, the Agency regularly organizes awareness-raising events, trainings, and round tables to inform women about entrepreneurship, innovations in this field, support mechanisms, and study their ideas and suggestions. The Agency implements joint projects with various organizations on the development of women's entrepreneurship. Women can use KOBİA's internal market research, participation in exhibitions, access to trade networks, Startup certification, grants, etc. support and services to start a business and grow their business.