SMB

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

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The 6th Meeting of the Azerbaijan–Saudi Arabia Joint Business Council Held in Riyadh Conference on "Constitution and Sovereignty – The Development of Entrepreneurship in Azerbaijan" Held Entrepreneurs Visit the Alley of Honor and the Martyrs' Alley Public Discussion Held on the Activity of Trade Networks Next meeting with entrepreneurs was hold in Aghjabadi district 450,000 AZN Allocated in Grants to Support Entrepreneurs' “Green Projects” Attention to Entrepreneurs Initiating Clustering Initiatives! Business Development Ideas from Imishli Entrepreneurs were heard Trainings Launched for Export-Oriented Entrepreneurs 7 SMEs have been granted a 'Startup' certificate.

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