This study addresses the feasibility of adopting the Strategy of Youth Entrepreneurship Development in the Irkutsk Oblast for the period of up to 2030 in the context of digital economy. According to relevant data, specific features of youth entrepreneurship are outlined, and the necessity of its systemic support by regional executive and legislative authorities is noted. In the context of academic discourse on youth policy, an analysis of possible directions for launching various initiatives is conducted. Areas to be considered include civic initiatives, strengthening security measures, protecting, overcoming social exclusion, information enrichment, integration of modern technologies, and support in professional selfdetermination. Such multidimensional interventions seek to expand the horizons for young people and to promote their active social, economic, and cultural integration into public life. Particular attention is paid to the importance of supporting social and entrepreneurial youth projects, which form the basis for the development of digital economy and the small-business sector in the Russian state. The research methodology included comparative-legal and historical approaches, the method of deduction and induction, and a formal-legal approach with the application of other scientific cognition methods. Additionally, the conclusion is made that the improvement of youth policy in the context of youth entrepreneurship is possible only based on a comprehensive approach. The latter implies supporting measures of the current legislation, as well as the formation of a positive public opinion on the entrepreneur image through a specialized youth community, such as a Club of young entrepreneurs.