(MENAFN- Trend News Agency)
BAKU, Azerbaijan, June 16. The main goal of
Azerbaijan's Small and Medium Business Development Agency (SMBDA)
is to increase the role of SMEs in the local economy, create more
added value with their participation, and further increase their
share in employment and exports, SMBDA Board Chairman Orkhan
Mammadov said during his speech at the Partners & Business
conference-exhibition in Baku, Trend reports.
According to Mammadov, one of the main activities of the agency
is creation of new organizational models and the promotion of
entrepreneurship in line with the modern challenges.
He noted that incentive mechanisms created in the past to
develop the business environment and support micro, small and
medium enterprises are being successfully implemented by the
Providing start-up certificates, domestic market research,
financing projects in the field of education, science, developing
the knowledge and skills of entrepreneurs, access to retail chains,
exhibitions and other support tools aroused great interest among
entrepreneurs, which further accelerated the development of micro,
small and medium-sized businesses, the board chairman also
'Main goal of the exhibition-conference is to promote business
entities operating in the country, expanding their access to
markets, developing business partnerships between local companies
and establishing new partnerships,' Mammadov said.
He also pointed out the continued support provided by Marsol
company to entrepreneurs in building business relationships,
hosting B2B meetings, organizing conferences and exhibitions.
'Today's event, held with the support of the SMBDA and organized
by Marsol, is attended by nearly 200 companies demonstrating their
products and services. Within the program of supporting
participation of the agency in exhibitions, at this event the SMBDA
is represented by an extensive stand, which demonstrates the
products of 16 SMEs providing services in the field of industry,
food, construction and other areas,” the official emphasized.
“I hope that both entrepreneurs and visitors will be satisfied
with today's event. The gained experience will serve to improve and
expand the activities of business entities. I believe that thanks
to this event, broad ties will be established between business
entities operating in various sectors of the Azerbaijani economy,
and more serious steps will be taken towards the development,'
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