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SMEDA becomes a member of int'l public-private partnership association

23 October 2020 16:57 (UTC+04:00)
SMEDA becomes a member of int'l public-private partnership association

By Ayya Lmahamad

The Center for Public-Private Partnership Development of the Agency for the Development of Small and Medium-Sized Enterprises (SMEDA) has become a member of the World Association of Public-Private Partnership Units and Professionals (WAPPP), one of the organizations specializing in public-private partnership.

It should be noted that WAPPP is an international non-governmental organization that brings together individuals and entities, operating or relating to the sphere of the partnership between the state and entrepreneurs, from different countries of the world.

The main goal of the association is to conduct awareness raising activities to provide quality services in the field of the partnership between the state and entrepreneurs, and to create and maintain an institutional network among institutions working in this area.

Moreover, WAPPP provides members of an association with access to a variety of training, consulting services, information exchange, provides opportunities for access to other resources, supports the possibility of using technical assistance, and using funding sources.

The Small and Medium Business Development Agency of the Republic of Azerbaijan was established in accordance with the Decree of the President of the Republic of Azerbaijan dated December 28, 2017.

As a legal entity under the Ministry of Economy, the agency is authorized to support the development of small and medium businesses (SMBs) in the country by providing SMBs with a number of services as well as ensuring coordination and regulation of services rendered by government entities to SMBs.

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Ayya Lmahamad is AzerNews’ staff journalist, follow her on Twitter: @AyyaLmahamad

Follow us on Twitter @AzerNewsAz

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