AccessBank announces the completion of the application period for the “Bizdən Biznesə” startup competition, organized with the support of the Small and Medium Business Development Agency (KOBİA).Between October 24 and November 24, applications were submitted from both Baku and various regions of Azerbaijan.

The submitted projects cover a wide range of sectors, including digital technologies, agriculture, manufacturing, trade, and services.

Starting today, the applications will be reviewed by a special commission, after which they will be passed on for evaluation by the jury members. The selection process will take into account criteria such as innovation, potential for sustainable development, and positive social impact.

The winners of the competition will be announced on December 25.

"We are pleased with the high level of interest in the “BizdənBiznesə” project. More than 400 applications received confirm that, in the context of changing economic conditions, small and medium-sized businesses require such support. As AccessBank, we take pride in our contribution to shaping a modern entrepreneurial environment, as each of these projects represents not just a business idea, but also a step towards economic growth, job creation, and improving the quality of life," said Renat Humbatov, a member of the Board of AccessBank.

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

For more information about the ‘Bizdən Biznesə’ project and application details, visit: “Bizdən Biznesə”

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, Bakucity.