SMB Development Agency Azerbaijan

The Small and Medium Business Development Agency of the Republic of Azerbaijan, abbreviated SMB, is a public legal entity established in 2017 by presidential decree to support the development of entrepreneurship in Azerbaijan, with a particular focus on small and medium-sized enterprises. Headquartered in Baku, the agency operates under the Ministry of Economy and serves as a single coordination point for government support to SMEs. The agency provides a range of services including business registration assistance, access to preferential financing through state-guaranteed loan programs, business advisory services, training programs for entrepreneurs, and support for SME participation in international trade exhibitions. SMB operates SME Houses or SMB Evleri, which are one-stop service centers across Azerbaijan where entrepreneurs can access government services, business information, and consulting in a single physical location.