EU is supporting small and medium enterprises (SMEs) in Azerbaijan through its EU4Business initiative. At this platform, you may learn how to get a credit or a grant, improve your business development skills and get access to new markets.
Access to Finance
Business Development Services
Business Enabling Environment
Results in Azerbaijan
1,275
new jobs created
17,486
SMEs supported
* Results for 2020
Access to Finance
Where can I get finance?
The EU provides special loans to SMEs through local partner banks in Azerbaijan.
SMEs in Azerbaijan are an important source of employment, but their full potential remains untapped. In 2020, Azerbaijan’s SMEs generated 42% of total employment but contributed to only 17% of value added (24% in the non-oil sector).
Agriculture is a standard occupation for those who live in rural areas or own farmland. Many people choose animal husbandry because it’s a fairly profitable business.
A highly skilled tailor and craftswoman, an inspiring teacher and motivator, a businesswoman and entrepreneur — or perhaps more accurately a ‘social entrepreneur’… Mirvari Azizova is all of these things at once in addition to being the mother of two daughters and a change-maker in her local community.
Sohrab Ismayilov starts his day with a traditional bowl of khash in the market of his hometown of Zaqatala at a small restaurant run by his lifelong friend Harun Nurayev.