Last minute

Development of Small and Medium Business - SME Azerbaijani Ministry of Digital Development and Transport

Launch of SME digitization initiative in Azerbaijan to address emerging market terms

BAKU, Azerbaijan, September 30. A new digitalization program for small and medium-sized business enterprises (SMEs) will allow them to adapt to new market conditions and optimize their costs, Deputy Chairman of the Board of the Agency for Innovation and Digital Development under the Ministry of Transport and Digital Development of Azerbaijan Rashad Khaligov told reporters, TurkicWorld reports.

He made the remark on the sidelines of the presentation of a platform, established for supporting Azerbaijani SMEs in Baku today.

Khaligov mentioned that the implementation of digital technologies and the transformation of business processes play a key role in enhancing the competitiveness and efficiency of SMEs in the modern economy.

"Today, as part of a joint initiative between the Innovation and Digital Development Agency and the Small and Medium Business Development Agency, a new project for the digitalization of SMEs has been introduced. The launched program aims to support SMEs in their digital transformation process, allowing them to adapt to new market conditions and optimize their costs.

One of the central elements of the program is a platform called 'digiMATE,' which will help businesses assess their current level of digital maturity and develop individual roadmaps for further digital development based on this assessment," he noted.

According to him, one of the most common problems faced by SMEs is the correct selection of digital solution providers.

"The 'digiMATE' platform will enable small and medium-sized enterprises to receive recommendations on choosing optimal digital solutions, facilitating effective cost management. Furthermore, the program includes training and seminars on digital transformation to help businesses navigate this challenging process more successfully.

A key aspect of the program is the possibility of providing financial support to SMEs based on their digital index, making it easier for them to implement necessary technological solutions," he added.

To note, Baku is hosting a presentation of a platform that helps SMEs digitize.

The event is featuring Deputy Minister of Digital Development and Transport of Azerbaijan Samir Mammadov, Chairman of the Small and Medium Business Development Agency (KOBIA) Orkhan Mammadov, Chairperson of the Innovation and Digital Development Agency (IRIA) Inara Valiyeva, and several other officials.

Related articles