Although entrepreneurship is considered as a universal, socio-economic reality, it is not equal to national-territorial aspects. It is precisely because of these national-territorial aspects that it is an important opportunity to solve local problems (for example, employment of young people, training them for the profession, supporting their aspirations for a comfortable life). Although researches on entrepreneurship have been carried out, legal aspects of relations with local authorities have been studied, the issue of classification of youth entrepreneurship in regional areas has not been resolved. We often use the general terms small business and private enterprise, but they are not a classificatory approach to reality. Even the socio-philosophical characteristics, organizational and legal mechanisms of youth entrepreneurship have not been defined. Even in statistical data on economic development, youth entrepreneurship is not mentioned as a separate direction, a type of social work, therefore, the dynamics of youth entrepreneurship can only be determined (a local sign) through the numbers presented in the Presidents speeches and some articles.