It is evident that national, regional and education institution strategies have a huge impact on the development of the above mentioned areas. First of all there is a strong awareness of the present challenges, there is also great potential on each of the seven islands and the islands are filled with resourceful people. We also know that the number of new entrepreneurs can be influenced by regional and national initiatives and that entrepreneurs are very immobile "people"28 - this is good news when trying to find a way to retain young people on the islands. There is evidence to support that a focus on entrepreneurship in the education system has a great effect on young people's entrepreneurial competences.