Student startup as a form of youth entrepreneurship

Abstract

In the modern world, entrepreneurial activity is gaining more and more popularity. Various categories of citizens are involved in it, but in particular, this area is very interesting among students who seek to open their own business and start making a profit. On this basis, not so long ago there was such an economic and social phenomenon as a student startup, which by its nature is a kind of starting point in the implementation of new business ideas of future entrepreneurs. A student startup provides an opportunity not only to unleash the creative potential of students at the intra-university level, but also provides a real chance to implement a particular project. Moreover, students involved in the process of forming their business through a student startup, creating some new product, contribute to the development of the economic and social sphere of the state, since a student startup includes not only educational goals, but also state ones, which are implemented through the implementation of students' business projects in various fields of economics. It is worth noting that the student startup has good financial support from the state, which is expressed in attracting investors and specialists in relevant fields, providing grants, crowdfunding, etc. In some universities, student startups are becoming a substitute for graduation papers, however, being a non-standard form of testing knowledge and applying the theory obtained in practice, this type of activity cannot yet replace existing graduation papers.; but this state of affairs does not prevent universities from creating various clubs and organizations aimed at developing the field of student startup. Thus, a student startup is an excellent opportunity to form analytical and entrepreneurial skills and abilities in the process of obtaining education and subsequently apply them in the implementation of practical activities.