The number of young entrepreneurs in Russia is growing, and an environment has been created to encourage this
According to surveys we are seeing today, more than 56% of young people see their prospects and future lying specifically in entrepreneurship. This could be connected to freelance work, or coming up with products and ideas. This proactiveness is reflected in growth rates and figures. According to statistics, young people account for 30% of the entrepreneurial community. At the same time, the average age of an entrepreneur today is 38. <…> If we look at the number of new small enterprises opening and the number of young people becoming self-employed, then the most active group in 2019 were young people aged 24 – 29, and in 2020 it was already the 18–24 cohort. This is the trend we are seeing — Anton Kotyakov, Minister of Labour and Social Protection of the Russian Federation.
The trend for entrepreneurship is indeed very pronounced. However, it is vital that it does not only exist in the 18–35 age category. It is also essential that school pupils show a huge interest in entrepreneurship. <…> And this is indeed the case, given that last year the finalists of the competition [the Big Change competition for school pupils – ed.] proposed adding a new branch to it, entitled ‘Get Down to Business’. This year, it proved to be one of the most popular, with more than 400,000 of the 2.5 million entries in Big Change being in the entrepreneurial section — Ksenia Razuvaeva, Head, Federal Agency for Youth Affairs (Rosmolodezh).
In actual fact, tech entrepreneurship is not necessarily the domain of young people, but it is true that if you look at the statistics, the overwhelming majority of companies are those with young people, the younger generation — Igor Drozdov, Chairman of the Board, Skolkovo Foundation.
Everything has largely already been done to create a good business environment. In the Ease of Doing Business ranking for 2020, Russia was in 28th place, so we are in the top 30 nations in terms of the business environment. We just need to learn to capitalize on the environment that has been created — Petr Ivanov, Deputy Head, Federal Antimonopoly Service.
Is running a business a very risky enterprise? It certainly is. However, practice has shown that young people find it easier to bear that risk, as they have more free time and fewer commitments. What’s more, there’s a unique opportunity to turn a hobby into a business, as was the case with me — Sofya Makhatadze, Finalist in the All-Russian "Big Change" Сompetition.