This exploratory opinion requested by the incoming Cypriot Council Presidency positions youth entrepreneurship as a strategic driver of EU competitiveness, innovation, and social inclusion. Despite strong interest among young people, significant barriers, particularly in access to finance, administrative complexity, and skills development, continue to hinder business creation. The European Economic and Social Committee advocates a holistic approach combining financial support, education, mentoring, and regulatory simplification to unlock this untapped potential. Strengthening entrepreneurship education, improving access to diverse funding instruments, and fostering supportive ecosystems, including networks, internationalisation opportunities, and digital skills, are essential to enabling young entrepreneurs to thrive.
