Youth start-up movement

Abstract

There has been shown the relevance of research on the youth start-up movement, which is due to the importance of creating new technologies and innovations for the Belarus’ economy. The article gives the interpretation of the “start-up” notion, the history of the start-up movement, and points to its role in the socio-economic development of the country. The regulatory legal acts aimed at creating conditions for the implementation of innovative ideas in various spheres of the economy are presented. A brief overview of the tools and mechanisms for start-ups support is given, including financial assistance, intended to intensify innovation activities, stimulate advanced studies, and promote the commercialization of the research results and developments. The data on organizational, informational, and financial support for start-ups by creating a favorable environment for their development, including on the basis of innovation infrastructure subjects, was analyzed. A number of main problems in the start-up movement support were identified.