Understanding the entrepreneurial intentions of university students is an important factor for increasing the spirit of entrepreneurship in university education. This study's goal is to evaluate the relationship between the positive psychological capital of university students and entrepreneurial intentions in the context of gender differences. This study hypothesized that (1) positive psychological capital positively affects the entrepreneurial intentions of students and (2) gender differentiates the effect of positive psychological capital on entrepreneurial intentions. The hypotheses were tested using a survey of 574 students studying at universities in Northern Cyprus. The results show that positive psychological capital positively affects entrepreneurial intentions, and gender plays a differentiating role in this effect. The article discusses the findings of the study and makes some suggestions for university education.