The article discusses the fact that today the processes of development, renewal and modernization in our society are being carried out step by step, which in turn leads to sustainable development in the economic, political, social, scientific, cultural and a number of other spheres of the state. Also, special attention is paid to the essence of the concepts of modernization and transformation, and the attitudes and opinions of domestic and foreign scientists regarding the definitions of the concepts are given.

The article analyzes the digitalization processes of small businesses in Uzbekistan. The theoretical foundations and practical significance of the use of digital technologies are covered. The reforms implemented within the framework of the "Digital Uzbekistan-2030" strategy have been studied. The advanced experiences of countries such as South Korea and Singapore have been analyzed. The current state of small business digitalization in Uzbekistan, achievements and existing problems have been identified. The main advantages and opportunities of implementing digital technologies are shown. Infrastructure, institutional and financial proposals have been developed for the further development of small business digitalization.

This article theoretically explores the benefits, functions and characteristics of venture capital. Its importance in the economy of our country and government programs in connection with this have been studied.