Youth entrepreneurship in Mordovia has grown to 5,431 individual entrepreneurs
According to the SME Corporation, the total number of individual entrepreneurs under the age of 35 has exceeded 1.1 million. In Mordovia, there are 5,431 such entrepreneurs; over the past three years, their number has increased by 8 %.
Nationwide, the share of young people under 35 in the digital sectors exceeds 50 %. Young entrepreneurs are most active in running computer clubs (accounting for almost 70 % of all SMEs), publishing computer games, online advertising, and IT training courses (61–63 %), as well as in animation production, news public groups, and online education (60 %).
“The digital environment is extremely familiar to young people. And it is there that they see opportunities to develop their ideas. Moreover, young entrepreneurs don’t just start businesses in these fields — they essentially reshape them, creating new formats and trends. Today, in a number of industries, young people play a leading role, accounting for up to two‑thirds of the total number of SMEs. The IT sector is among the most popular areas. Here, young entrepreneurs not only create infrastructure such as computer clubs and produce digital content but also actively develop educational services to further promote and enhance the expertise of professionals in this field,” noted Alexander Isaevich, CEO of the SME Corporation.
To support aspiring entrepreneurs, the “Start a Business” service is available on the SME.RF digital platform.