This paper presents the results of an exploratory and descriptive quantitative study that addressed the cognitive and procedural competencies of young individuals in the field of entrepreneurship. The objective was to analyze these competencies in youth, identify their levels, relationships, and potential areas for improvement. A Likert scale survey was administered to 1,154 individuals aged 16 to 28 years. The results highlight the diversity of perspectives, showing positive attitudes toward entrepreneurship regardless of age and emphasizing the influence of personal interest on the acquisition of entrepreneurial knowledge. Overall, the youth exhibit a moderate level of competency. A close relationship is evident between both dimensions of competencies and the overall skill profile of youth in the region. This underscores the significance of these competencies within the skill set of youth in the region. Furthermore, areas for improvement are identified, particularly concerning the enhancement of procedural competencies.