KOBIA

The Small and Medium Business Development Agency (SMBDA) of Azerbaijan is dedicated to fostering the growth of small and medium-sized enterprises (SMEs) in the country. The agency aims to support entrepreneurs through a range of services, including financial assistance, training, and regulatory guidance. It plays a key role in enhancing the competitiveness of SMEs by offering tools and resources that assist with business development, innovation, and market access.

SMBDA provides support through initiatives such as funding opportunities, mentorship programs, and access to local and international business networks. The agency also focuses on improving the entrepreneurial ecosystem by advocating for policies that support business growth, particularly in areas such as technology, sustainability, and innovation.

In addition to supporting existing businesses, SMBDA encourages new business ventures by offering a variety of programs designed to help entrepreneurs turn ideas into viable enterprises. Through its network of business centers and partnerships with other organizations, SMBDA plays an integral role in the sustainable development of Azerbaijan’s economy, driving job creation and economic diversification.