OPTIMIZING THE FUNDING OF INNOVATION PROJECTS FOR BUSINESS ENTITIES

Abstract

Entrepreneurship plays a crucial role in the economic development of any country. It serves as a major driver of innovation, job creation, and overall economic diversification. In Uzbekistan, small businesses contribute significantly to GDP and employment, playing a fundamental role in the transition to a market economy. The government has implemented various reforms to stimulate entrepreneurship, including tax incentives, financial support programs, and regulatory simplifications. However, despite these efforts, challenges remain, including regulatory barriers, lack of access to credit, and infrastructural limitations.