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Why does the state encourage college students to start businesses?

There are two reasons.

1, because science and technology are the primary productive forces and the state supports economic development, entrepreneurship must be innovative, and the ability of college students will be greatly exerted through entrepreneurship. The birth of new companies means more employment opportunities and can reduce the unemployment rate.

2. The supply of social jobs is insufficient, and the number of people waiting for jobs is large. The development of social system is imperfect and the supply and demand are unbalanced. Under the background of weak global economy and low employment rate, encouraging college students to start businesses can undoubtedly alleviate the employment pressure.

Introduction:

The government's support for college students' entrepreneurship can be divided into material encouragement and spiritual support, in which material encouragement includes providing places and setting up bonuses.

The Beijing Municipal Education Commission and the Beijing Municipal Finance Bureau recently jointly issued the Measures for the Administration of Employment and Entrepreneurship Projects for College Students in Beijing, which will give up to 200,000 yuan for outstanding college students' entrepreneurial teams and 500,000 yuan for each university demonstration and entrepreneurship center.