Advancing women s entrepreneurship training policy and practice challenges and. developments MOLDOVA

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1 Advancing women s entrepreneurship training policy and practice challenges and Emilia Cebotari SBA Coordinator (replacing person), Ministry of Economy developments MOLDOVA

2 Association Agreement and DCFTA with EU (June 27th, 2014) According to art.32 of the AA with EU, we have committed to ensure equal opportunities, aiming at enhancing gender equality and ensuring equal opportunities between women and men, as well as combating discrimination on all grounds. National Development Strategy Moldova 2020 Strategic vision for Business environment priority: Creating new businesses will be encouraged by promoting entrepreneurship success stories, by supporting entrepreneurship, especially among women, as these are currently only 27.5% of entrepreneurs. Existing mechanisms by which SMEs benefit from training, and financial and logistical support will be expanded and diversified.

3 Policy framework containing some provisions in regard to women s entrepreneurship Law no.5 from ensuring equal opportunities for women and men National Program for Ensuring Gender Equality for approved by Government Decision no.933 from Small and Medium Sized Enterprise Sector Development Strategy approved by Government Decision no.685 from and its new action plan for Government Commission for Equality between Men and Women established according to Government Decision no.350 from

4 Promoting and encouraging women entrepreneurship Lessons learnt from the first Small Business Act Assessment SMEs Sector Development Strategy and its action plan for implementation

5 Priority II: Improving access to finance Developing innovative schemes of financing SMEs Attracting technical and financial assistance programs for stimulating the creation of new businesses by young people and women Priority III: Developing human capital by promoting entrepreneurial skills and culture Developing and promoting entrepreneurial culture and education Promoting and encouraging women to launch/develop business Implementing national Program on Efficient business management Organizing trainings under the National Program for Economic Empowerment of Young people

6 On-going programs and projects on advancing women s entrepreneurship Pilot program for attracting remittances in the economy PARE 1+1 Loan Security Fund National program for Economic Empowerment of Young People Eficient business management program SMEs Support and Development program funded by the Japanese Government

7 On-going programs and projects on advancing women s entrepreneurship Women in business Program, EBRD Business Advisory Service (BAS) Moldova Project Women Entrepreneurship A Job Creation Engine for South Eastern Europe, implemented by the South East European Centre for Entrepreneurial Learning (SEECEL) Economic empowerment of women through increasing the employment opportunities in the Republic of Moldova, UN Women ( ) Better opportunities for Youth and Women, UNDP Moldovan Employment and Entrepreneurship Education and Training Activity (MEEETA ), ( ) Winrock Moldova Network of Business Women Association, created in 2009 comprises 15 organizations

8 Establishing the Platform of the development of Women entrepreneurship, SEECEL and GTF The main goal of the Platform is the advancement of women entrepreneurship in Moldova through the partnership of private and state sectors. Allows to take into account interests of all participants of civil society, interested in the development of women entrepreneurship in Moldova, developing and realizing complex actions for the improvement of the conditions for it s initiation and development, Builds a basis for the development of the private-state dialogue and partnership, Provides reduction of the barriers in the face of women entrepreneurship and improvement of the business climate; Promotes stable and qualitative economy growth and life quality growth of citizens.

9 Women Entrepreneurs Platform in Moldova At a cup of tea (ODIMM in partnership with the European Commission), launched in 2013 The objectives of the platform are: (i) to encourage entrepreneurial spirit of women; (ii) to facilitate communication by creating partnerships and networks of women entrepreneurs; (iii) to contribute to the professional and personal development and (iv) to serve as a tool to promote products and services of the companies managed by women entrepreneurs.

10 Main directions and challenges in promoting women entrepreneurship in Moldova: 1. To promote state structures in the development of legislation and economic policy documents aimed to create equal conditions for the women entrepreneurship development and to elaborate formal policy framework specifically focused upon women entrepreneurship in Moldova. 2. To encourage economic independence of women as a condition of further development of women entrepreneurship through financial and credit support for business women, creating a system of guarantee funds and access of women to all kinds of resources.

11 Main directions and challenges in promoting women entrepreneurship in Moldova: 3. To promote training of women on business skills, new technologies, work with Internet and enhance qualifications of women entrepreneurs through the development of the training and consulting services with the help of state and non-governmental organizations. 4. To develop entrepreneurship networks and Network of women business associations and their partnership with other state and private institutions. 5. To develop a systematic statistical data collection mechanism on women s entrepreneurship.

12 THANK YOU FOR YOUR ATTENTION!

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