On December 16, for the second year students of the Faculty of Economics and Management of Sumgayit State University, a master class on the topic “Prospects for the development of entrepreneurship in Azerbaijan” was held. It was held by the honorary chairman of the Union of Entrepreneurs of the city of Sumgayit, Humbat Guliyev.

The guest was welcomed by the senior teacher of the department Mahammed Ahmedov. He spoke about the importance of conducting master classes in training qualified personnel and expressed confidence that this event will contribute to the development of the scientific potential of students.

Humbat Guliyev welcomed the students and thanked the university leadership for the invitation. Speaking about the prospects for developing entrepreneurial activity in Azerbaijan, the guest noted that this direction has its own history in the country and a long development path has passed. The formation of an innovative economy in the country, the development of entrepreneurial activity and the improvement of the well-being of the people is one of the main directions of the policy of President Ilham Aliyev. This strategic line contributes to the implementation of comprehensive measures for the application of preferential taxes, the provision of subsidies, lending to projects on a preferential basis, joint financing and risk sharing with the state, the creation of intentional and technological parks, agricultural parks and business incubators, the organization of business forums, exhibitions, etc. Thanks to the socio-economic policy pursued by the President Ilham Aliyev in the republic, the sustainable development of the country"s economy has been ensured.

In conclusion, the guest answered the questions that interested students.