YOUTH ENTREPRENEURSHIP VS. DEMAND FOR SEED CAPITAL

Abstract

According to research conducted by many academic institutions a lot of young Poles are going to run their own businesses. The most frequent fields of planned enterprises are: trade, finances, IT, e-business, construction, consulting, marketing and advertisement, public relations and foreign languages. The future entrepreneurs indicate however many barriers constraining the realization of their dreams about own business. The research done among students in Rzeszow show that the most important constraint is lack of capital. Next are administrative procedures and psychological barriers. Half of the respondents admit that they don’t know possible sources of capital for setting up a business. The reaction for the demand for early stages business’ financing is creating seed capital funds and developing business angels networks. Students are also interested in broadening knowledge related with setting up and running the business. The research among graduates from universities is rather sad kind of a verification of entrepreneurial students’ plans. To conclude, the universities should support academic entrepreneurship to introduce innovative ideas into practice by organizing capital, consulting and trainings and by setting up academic incubators.