THE ROLE OF BANKS IN THE DEVELOPMENT OF SMALL BUSINESS AND ENTREPRENEURSHIP

Authors

  • Madvaliev Bakzod, Rakhimova Kizlarkhon The student of Fergana state university, Scientific supervisor Doctor of Philosophy in Economics.

Keywords:

Small Business, Entrepreneurship, Banks, Financial Resources, Loans, Grants, Investments, Business Management Consulting, Technologies, Networking, International Cooperation, Economy, Development, Challenges, Support Programs.

Abstract

This article discusses the importance of small business and entrepreneurship in the economy and the important role of banks in the development of this sector. The article examines in detail the role of banks in providing financial resources to small businesses, providing business management advice, introducing technologies, creating opportunities for networking , and developing international cooperation. It also discusses the difficulties that banks face in developing small businesses and ways to overcome them, including developing special credit programs, offering consulting services, assisting in the introduction of technologies, and developing support programs.

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References

Decrees and resolutions of the President of the Republic of Uzbekistan (2021–2024). A collection of documents aimed at the development of innovative activities.

Statistical reports on the socio-economic development of Fergana region (2022). Fergana regional statistics department.

"Innovative Development Strategy of the Republic of Uzbekistan" (2018-2021). Documents of the Ministry of Innovations.

Bozorov, UT (2020). Regional Economy and Innovative Entrepreneurship. Tashkent: New Generation of the Century . 16. “Guide for Young Entrepreneurs” (2023). Published by the Ministry of Investments and Foreign Trade of the Republic of Uzbekistan.

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Published

2025-01-29

How to Cite

Madvaliev Bakzod, Rakhimova Kizlarkhon. (2025). THE ROLE OF BANKS IN THE DEVELOPMENT OF SMALL BUSINESS AND ENTREPRENEURSHIP. International Multidisciplinary Journal for Research & Development, 12(01), 482–485. Retrieved from https://www.ijmrd.in/index.php/imjrd/article/view/2498