Global Entrepreneurship Monitor Report GEM Belarus 2019/2020

This publication was prepared within the IFC Belarus Competition Advisory Program funded by the European Union and the Swedish International Development Cooperation Agency (SIDA).

The publication presents the findings of the Global Entrepreneurship Monitor (GEM), a 2019 comprehensive study of various aspects of entrepreneurial activity conducted in Belarus for the first time by the Belarusian Economic Research and Outreach Center (BEROC) and International Finance Corporation (IFC) office in Belarus. It provides readers with insights into the main motivational drivers for entrepreneurship in Belarus as well as the factors that discourage or hinder business development and further SME growth. According to this report, the distinction by gender reveals certain differences in national perceptions toward entrepreneurship andindicates the importance of various entrepreneurial training and educational courses aimed at the acceleration of educational and skill levels of women as well as their confidence level.

BEROC; International Finance Corporation (IFC). Minsk, 2020