On November 22, 2022, the Ministry of Youth and Sports, the Small and Medium Business Development Agency (SMB/KOBİA), and the Youth Fund jointly organized The III Forum of Young Entrepreneurs in the Tovuz district which was declared the Youth Capital of the country for 2022.

Following the formal opening, the official representative of ABAD public legal entity took part in the panel discussion "State support to young entrepreneurs: opportunities and summons".

While talking about state support, a presentation was held on the activities of ABAD public legal entity and its contributions to the entrepreneurial ecosystem in the country. Later, young entrepreneurs were given extensive information about the conditions created by ABAD in the region, and their questions were answered.

In addition, Minister of Youth and Sports Farid Gayibov, Head of Tovuz District Executive Authority Mammad Mammadov, Executive Director of the Youth Fund Farid Jafarov, Chairman of the Board of the State Employment Agency Mustafa Abbasbeyli, Chairman of the Board of the Entrepreneurship Development Fund Osman Khaliyev also spoke at the forum.

It should be noted that the forum was organized to encourage entrepreneurship among youth, inform youth about the existing state support mechanisms, explore ideas and suggestions in this field, and answer related questions.