What we see, and what is extremely difficult to achieve, but nevertheless extremely attractive, is the right to make a mistake. We conducted a social survey in the 18th year, with 8,000 schoolchildren participating. There was a very revealing statistic there: 6% said they were afraid of being imprisoned. That is, we have a business idea, we want to be entrepreneurs, but we are afraid of being arrested. 6% of 8,000 people is a huge number... We need to create a system – the so-called bona fide bankruptcy for young people, when they can stop doing business if they no longer want to do it in good faith, or if they realize that they cannot bear the burden of entrepreneurship — Aleksandr Vaino, Head of Youth Initiatives Center, Agency of Strategic Initiatives (ASI).
Why was the fund set up? The main purpose and reason are to give young people aged 14 to 24 the opportunity to try out what it means to be an entrepreneur in practice, to develop the necessary skills. Just to experiment, to act on a dream or an idea or, shall we say, an entrepreneurial itch — Andrey Frolov, General Director, Youth Entrepreneurial Initiative Foundation.
Maybe start-up capital could be made in a game format: first, get start-up capital in a virtual world, in a virtual environment. Try to create a start-up there, assemble your team, negotiate with someone, perhaps sign smart contracts, and deliver on orders. And then, if you have already built up virtual capital in this virtual world, access to which is as easy as possible in terms of all legal procedures and the same responsibility – of course, criminal liability is out of the question there – you can then convert this virtual capital into access to real capital, grants, subsidies, or soft loans — Pavel Gudkov, Deputy General Director, Foundation for Assistance to Small Innovative Enterprises.