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 favourable climate and pristine nature go a long way to develop poultry farms in Azerbaijan’s north-western Shamkir region.
Erasmus for Young Entrepreneurs (EYE) is a cross-border exchange programme initiated by the European Commission in 2009.
Many great initiatives start from a simple idea that is intended to solve a human-interest issue. As a small market and landlocked country, Armenia is not a target market for many big world businesses.