SMB

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

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Startup Competition Launched Within the Framework of the IsDB Annual Meetings HELF/AZHAB Forum 2026 to Be Held Within the Framework of the IsDB Group Annual Meetings in Baku A meeting with entrepreneurs was held in the Khizi district For the attention of micro and small entrepreneurs wishing to present their products and services at the “Local Companies Promotion Exhibition!” ANNOUNCEMENT WUF13 Hosts Awareness Event for Entrepreneurs The project “Women Entrepreneurs in Successful Partnership” has been completed Growing role of women in business: from state support to sustainable development Rwandan Delegation Familiarized with the SMB House Model A survey is being conducted among startups

Samir HumbatovFirst Deputy Chairman of the Board

Humbatov Samir Humbat was born in 1978 in the Ashaghi Mollu village of Gubadli region.

In 1999, he graduated from the Azerbaijan State Economic University with a bachelor's degree in International economic relations, and in 2004, received Master's degree with honors.

He works on a thesis at the Institute for Scientific Research on Economic Reforms under the Ministry of Economy.

From 2002 to 2017, he worked as a consultant, leading consultant, and head of a department for the National Fund for Entrepreneurship Support of the Ministry of Economy.

In 2018, he held the position of advisor to the chairman of the Board and head of a department in the Azerbaijan Mortgage Fund Open Joint Stock Company.

From 2019 to 2021, he held the position of Deputy Chairman of the Board of the Entrepreneurship Development Fund under the Ministry of Economy.

By the Order of the President of the Republic of Azerbaijan, he was awarded the “Medal for distinction in public service". He has the rank of junior civil service counselor.

Between 2021 and 2025, he served as the Deputy Chairman of the Management Board of the Small and Medium Business Development Agency (KOBIA)

As of April 22, 2025, he holds the position of First Deputy Chairman of the Management Board of KOBIA.

He is married and has one child.

Telephone: (+994 12) 404-04-01

E-mail: samir.humbatov@smb.gov.az