For the effective training of highly qualified specialists in any field of professional activity, it is necessary to develop entrepreneurial competencies. The article discusses the formation of entrepreneurial competencies among students of Kazan State Power Engineering University (KSEU) and presents the requirements of employers for future power engineers: basic technical education, a portfolio of achievements in educational activities, intellectual potential, experience in project activities, and entrepreneurial competencies. The definitions of project training and its implementation in the university are given on the example of the work of the student business incubator and the youth innovation center of KSEU. It is shown that the implementation of the project involves the use of innovative teaching methods and means, as well as the ability to apply knowledge from various fields of science, engineering, technology, economics and management.