The EU is supporting SMEs through 30+ projects in Azerbaijan

To support reforms undertaken by Azerbaijan to sustain economic development through (i) strengthening the institutional and administrative capacity and (ii) reinforcing the policy development of selected state institutions involved in the implementation of the Partnership Priorities.

Inclusive and sustainable growth achieved in target districts.

To strengthen the non-oil sector development by improving business climate in Azerbaijan and to support the economic diversification of the country.

The initiative aims to boost women's entrepreneurship and overall involvement in business across EaP countries by enhancing access to both financial and non-financial business development services.

The regional project, commissioned by the European Commission (EC) and undertaken by the European Bank for Reconstruction and Development (EBRD), aims to facilitate the transition and foster sustainable and equitable economic growth models in the Eastern Partnership (EaP) countries.

The EBRD’s SME Local Currency Programme aims to develop capital markets and encourage local currency lending in the countries it invests in.

The AZTAF program offers various activities that match the four main focus areas of the EU-Azerbaijan Partnership Priorities: improving institutions and governance, boosting economic development and market access, enhancing connectivity and environmental efforts, and promoting mobility and interpersonal connections.

The Mayors for Economic Growth (M4EG) initiative, a partnership between the EU and UNDP, supports mayors and their teams across the Eastern Partnership region.

The Action contributes to the general objectives of the Instrument, namely to support the SME segment in Eastern Partnership Countries through improving access to finance, in the form of enhanced lending terms and conditions, via providing first loss SME portfolio guarantees.

The European Fund for Southeast Europe (EFSE), among the leading development finance funds globally, seeks to promote economic development and prosperity in Southeast Europe and the Eastern Neighbourhood Region.

The projct offers guidance to SMEs across various domains including strategy, operations, quality management, financial reporting, and energy efficiency, among others.

In this region, the Finance and Technology Transfer Centre for Climate Change receives support from the EU through its EU4Climate program, as well as from the Global Environment Facility (GEF).