According to the methodology of the National Statistics Committee, a small enterprise is defined as a legal entity, while an individual entrepreneur (IE) is not considered as such.
According to the Ministry of Economy, women's access to financing as entrepreneurs is hindered by high interest rates and serious collateral requirements.
The Ministry also notes that women and youth, in general, possess smaller volumes of formalized assets and are less likely to own real estate.
The SME 2030 Program, according to the Ministry of Economy, plans to actively engage women entrepreneurs: at least 40% of participants in new support programs should be women. This intention will be realized through special financial instruments, educational and acceleration programs, as well as measures to reduce structural barriers that hinder the development of women's entrepreneurship.
