Competencies are essential prerequisites for entrepreneurial activity and, therefore, for a person. In this article, a number of competencies have been identified based on a specific vision of entrepreneurship. The issue of structuring competencies in the field of entrepreneurship should be studied and discussed more widely, and the classification of startup competencies should be further developed. Startup competencies are interpreted as a set of special knowledge and skills necessary for entrepreneurs to successfully enter their own business and are an integral part of the results of entrepreneurship education in the undergraduate program.In this article, were used methods to find a solution to the problem, such as general logical methods. Also, the article used a case study method, which made it possible to identify the cause-and- effect relationships of processes in the context of learning how to create startups and learning all the functions of entrepreneurial activity. The competence-based approach was used as a methodological tool for the study of start-up competencies in entrepreneurship.Entrepreneurship programs should not be limited to just focusing on starting a startup, since the professional functionality of entrepreneurs is much broader and includes the functions of maintaining, developing and ending their own business.It is important for every entrepreneur to learn how to conduct and develop a business in order to ensure its competitiveness and competitive stability.An in-depth study of startup competencies will allow developing the theory of entrepreneurship, enriching the education system.