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EUR
GBP
RUB
USD
TRY
1.8479
2.195
0.0194
1.7
0.0515
EUR
1.8479
GBP
2.195
RUB
0.0194
USD
1.7
TRY
0.0515


Market research

Market research

Following the Decree of the President of the Republic of Azerbaijan dated May 29, 2019, to stimulate competitive production in the country, micro, small, and medium businesses are provided with financial support in the domestic market research.

 

The Small and Medium Business Development Agency (SMBDA) takes measures to support the domestic market research.

 

The state covers 80 and 50 % of the cost of each domestic market research performed based on the requests from micro and small businesses, respectively. As part of this support mechanism, medium businesses can take advantage of free training, seminars, and information support. 

 

The amount of financial support for one domestic market research is up to AZN 20,000. Entrepreneurs may apply for market research individually or in groups.

 

Entrepreneurs wishing to produce new products and services or expand their business can apply for domestic market research by filling in the appropriate APPLICATION FORM on the SMBDA website and submit it to the Agency directly (address: Baku city, Ziya Bunyadov avenue, 38C, 1969 block) or electronically (info@smb.gov.az)


For more information: Call Center 131, (+994 12) 404 04 01.

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