KOBİA To Share Experience With Kazakh Entrepreneurship Development Fund's Specialists
Date
3/11/2024 8:08:57 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, March 11. The delegation of
Kazakhstan's Entrepreneurship Development Fund JSC (DAMU) will
visit Baku in late March 2024 within the framework of experience
exchange program with specialists of the Small and Medium Business
Development Agency (SMB) of the Republic of Azerbaijan (KOBİA),
Chairman of the Board of KOBİA Orkhan Mammadov said during the
second meeting of the Azerbaijan-Kazakhstan Business Council in
Baku, Trend reports.
"At the end of March 2024, we are waiting for the DAMU
delegation to Baku to share the experience we have by creating SMB
houses and other SMB development tools," Mammadov noted.
He reminded that DAMU and KOBİA have been cooperating since
2019, and in 2023 the Agency established cooperation with the
Foreign Trade Chamber of Kazakhstan.
"We are ready to strengthen our cooperation further, which
promotes interaction between business entities of both
countries.
We are interested in attracting foreign investors to Azerbaijan.
Our specialists provide step-by-step assistance in organizing
business, for this purpose, SMB development centers and SMB houses
are functioning," he said.
KOBİA provides various grants for the implementation of research
projects in the field of SMB development in Azerbaijan.
"For foreign investors, the search for suitable partners can
also go through the "Friends of SMB" network in 45 regions of the
country. The realization of business projects in Azerbaijan is also
important in the liberated territories, where there is rich
potential in various spheres, including tourism, agriculture, and
energy. KOBİA has received over 1,700 applications from foreign
companies wishing to start business in the liberated territories,
including from Kazakhstan. This will further develop our strategic
board chairmanship," the head of KOBİA emphasized.
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