USD/MDL - 17.92 ▲ 0
EUR/MDL - 20.11 ▲ 0
VMS_91 - 3.03%
VMS_364 - 9.54%
BONDS_2Y - 7.40%
SP500 - 735.29 ▲ 0.31%
GOLD - 4069.10 ▼ 0.43%
SILVER - 51.93 ▲ 0.42%
EURUSD - 1.11 ▲ 0%
BRENT - 123.93 ▲ 8.56%
GAS - 2.99 ▲ 1.36%
Advertisement

The Ministry of Economic Development will increase the share of women-led businesses in the country to 40 per cent by the start of 2027

The authorities intend to significantly increase the presence of women in the business environment. The Ministry of Economic Development and Digitalisation has set targets as part of the current National Programme for Promoting Entrepreneurship and Enhancing Competitiveness. According to the approved plan, by 2027 the proportion of businesses founded by women is set to rise to 40 per cent (from a baseline of 34 per cent).
Irina Covalenco Irina Covalenco Reading time: 2 minutes
Text size
Link copied
a women-led start-up in Moldova

At the same time, the proportion of companies in which women hold senior management positions and directly manage operational activities is set to rise to 37 per cent.

To encourage women’s participation in business, the relevant ministry has also committed to ensuring equal access to state funding. It is expected that by the end of the programme (late 2027), the proportion of female beneficiaries in all state-subsidised projects will be at least 45 per cent.

ODA for Women

The main support mechanism is the Organisation for the Development of Entrepreneurship (ODA), which, through its ‘Women in Business’ (Femei în Afaceri) programme, provides female entrepreneurs with direct non-repayable grants, subsidies for equipment modernisation, and free legal support during the start-up phase.

From this year onwards, childcare and care for the elderly have been included among the priority sectors eligible to participate in the Women’s Entrepreneurship Support Programme. At the same time, under the ‘We Develop SMEs’ scheme, businesses founded by women benefit from a 10 percentage point increase in the share of the development grant.

By April 2026, business projects run by women had received grants totalling 317 million lei, contributing to a total investment of approximately 662 million lei.

Between 2028 and 2032, the Ministry of Economic Development intends to strengthen the economic dimension of the care services sector as part of future measures to support entrepreneurship. This will include financial instruments and measures to stimulate business development in this sector.

This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.


How did this story make you feel?

Comments

0

No comments yet. You can start the conversation.

Comments are open to readers with a Logos Press account.

Sign in to comment

Related*
More from author*

We always appreciate your feedback!

Latest news
Popular now*
Must Read*