AccessBank, which supports the development of entrepreneurship in Azerbaijan and offers innovative financial solutions and tools, announces the launch of the startup competition “Bizdən Biznesə” with the support of the Small and Medium Business Development Agency (KOBİA).

The project aims to stimulate innovation, create opportunities for new entrepreneurs, and provide a platform for implementing startup business ideas, thereby contributing to economic growth.

Additionally, the project seeks to provide mentoring and financial support to micro, small, and medium enterprises in Azerbaijan, explore promising business concepts with potential for sustainable development and positive societal impact, and establish a network of successful entrepreneurs to promote economic development.

The deadline for participation in the competition is November 24, 2024.

"We at AccessBank take pride in supporting micro, small, and medium enterprises in Azerbaijan for 22 years and contributing to the country's economic development. The main goal of the 'Bizdən Biznesə' startup competition is to support individuals with interesting ideas. We hope this project will inspire many and provide a boost for new beginnings. I believe that other organizations will also support those looking to start their own businesses in Azerbaijan, enriching the entrepreneurial environment," - said Renat Humbatov, a member of the AccessBank Board.

Citizens of Azerbaijan over the age of 18 are invited to participate in the "Bizdən Biznesə" project, presenting projects that meet the criteria of innovation, creativity, sustainability, and profitability.

During the selection process, preference will be given to projects aimed at developing a green economy, strengthening the role of women in society, as well as projects implemented in liberated territories. The evaluation and selection of submitted business plans will be conducted by a special committee of five members. The jury will include:

The total prize fund for the "Bizdən Biznesə" competition is 60,000 AZN. The winner of the first-place will receive 25,000 AZN for implementing their business plan, the second-place will receive 20,000 AZN, and the third-place will receive 15,000 AZN.

For more information about the “Bizdən Biznesə” project and to apply.

AccessBank, a pioneer in the microfinancing market, has been providing services to small and medium-sized enterprises since 2002. The Bank's shareholders include the Asian Development Bank, the European Investment Bank, the International Finance Corporation, and other international organizations and investment funds. With 35 branch offices, including 14 in Baku and 21 in regions, AccessBank continues to offer accessible financing options for MSMEs. For more detailed information on the branh offices, please follow: http://bit.ly/accessbank-filiallar

For more information on the services provided by AccessBank, call 151 or visit the website at www.accessbank.az. You can also follow the bank's social media accounts on Facebook, Instagram, LinkedIn.

*AccessBank CJSC operates under license No. 245 dated 25 October 2002, issued by the Central Bank of the Republic of Azerbaijan. The bank's Head Office is located at 3 Tbilisi avenue, Yasamal district, Baku city.