15 Jun

Your support to the entrepreneurship ecosystem

GEM Bulgaria annual fund

GEM Bulgaria Annual Fund brings together individuals, institutions and companies who want to make a difference to the Bulgarian entrepreneurship ecosystem and invest in the future of Bulgaria.


Make Bulgaria attractive for living and doing business through social and economic transformation within a balanced entrepreneurship ecosystem

See how you can support us!

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15 Nov

Bulgaria appears, does not drop in global index on entrepreneurship – GEDI index

Due to some publications in the media with regards to the GEDI index on entrepreneurship, GEM Bulgaria would like to clarify the presented information and messages.
Bulgaria is at #82 place according to the global ranking of entrepreneurship 2017 by the GEDI methodology. It is very important to point out that it is not, in fact, a drop, but a baseline for our country according to GEDI, as the previous #46 place was based on averaged data from Romania and Montenegro from previous periods which GEDI has acknowledged this as well. GEM Bulgaria collected its own data collection in 2015, which combined with other information chosen by GEDI puts Bulgaria at #82 place.
GEM Bulgaria produced its first GEM data in 2015, which was now combined with the other indicators chosen by the GEDI index to conclude #82 place. As the GEM Bulgaria 2015/16 report states, it is crucial to look at the full picture of the entrepreneurial ecosystem to get a full understanding of the environment and the entrepreneurial activity in a country. 

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07 Oct

Three out of four Bulgarians believe that successful entrepreneurs are important for the society

2015-16 GEM Bulgaria reportThe typical Bulgarian entrepreneur is aged between 35 and 44 years and is particularly wary of recruitment, according to the first annual report of the organization

57.5% of the adult population in Bulgaria see entrepreneurship as a good career choice, while 71.5% agree that successful entrepreneurs enjoy high status. This shows the first national report oof the Global Entrepreneurship Monitor (GEM) Bulgaria, officially presented on 3 October in Sofia. Read More

09 Sep

Successful Investors Will Discuss the State of Entrepreneurship in Bulgaria

GEM Bulgaria Annual Conference 2016

Successful investors, researchers of entrepreneurship around the world, young people with ideas, experts from institutions, policy makers and many representatives of the entrepreneurial ecosystem will meet on 3rd and 4th of October at the Rainbow Plaza, Sofia. The Bulgarian office of the Global Entrepreneurship Monitor (GEM) will host its first annual conference under the motto “Entrepreneurship: Trends, impact, growth”, organised jointly with Capital Weekly.

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01 Jul

UK entrepreneurs brace for BREXIT

As the market flounders in the wake of last week’s seismic Brexit vote, a UK academic and entrepreneurship expert has said that UK entrepreneurs have what it takes to ride out the Brexit blues.

According to Professor Jonathan Levie, Director of Teaching at the Hunter Centre for Entrepreneurship, University of Strathclyde, two thirds of UK entrepreneurs currently sell their products beyond the UK’s shores, which means that they are unlikely to escape the effects of the referendum.

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15 Jun

Bulgaria putting the basis for social entrepreneurship as a vehicle of social change

Forthcoming development of a procedure defining social entrepreneurship in Bulgaria and facilitate its funding establishment

The number of entrepreneurs who are focused on the creation of wealth for the society are growing. This is evident from a special report on global social entrepreneurship prepared by the Global Entrepreneurship Monitor (GEM). The results were presented during an afternoon session on the topic of “Global trends in social entrepreneurship” organized by GEM Bulgaria in cooperation with the Embassy of the Kingdom of the Netherlands in Sofia.

The report is the largest comparative study of social entrepreneurship on a global level, based on interviews with around 170,000 adults in 58 economies. “What the Dutch Government learned from the study on entrepreneurship is that customers and investors should be more aware of the activity and specificity of socially oriented organizations. They should be aware of the issues being solved, thanks to them, and take into account their work practices in obtaining funding and assessing their impact in the society”, said Jacqueline Snijders, Director of the Dutch consulting company Panteia, who was a special guest of the event.

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12 Feb

Bulgaria makes first appearance in the Global GEM report

You can download the press release at the end of the article:

GEM 2015 global report cover


The report finds that in Bulgaria, while around two-thirds of adults see entrepreneurship as a good career choice, entrepreneurship levels are low and entrepreneurial potential untapped.

The 2015 Global Entrepreneurship Monitor (GEM) Global Report was released.

GEM studies the entrepreneurship ecosystems dynamics since 1999 in over 100 economies around the world using its trusted methodology and collecting primary data from over 200,000 (18-64 yo) adults and nearly 4,000 experts and opinion-makers. In 2015 62 countries participated in the surveys, of which 23 European economies. GEM’s data and analyses are used by global and regional financial institutions, investors, national and local governments, universities and business associations, corporations, entrepreneurs and journalists. GEM’s key indicators are also monitored by the European Commission’s Directorate General for Internal Market, Industry, Entrepreneurship and SMEs for the purposes of the Small Business Act and the European semester.

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02 Feb

GEM 2015 Global report coming soon

GEM Boston 2016

GEM Bulgaria’s team is attending the GEM consortium Global conference in Boston, 3-6 February 2016 with teams from more than 60 countries- part of GEM. During the conference,  the next GEM Global report will be officially launched. It will be the first report where Bulgaria will feature and is a very important event for the Bulgarian entrepreneurship ecosystem and its role internationally.

It was only possible to get to this stage with the efforts of our team, our experts‘ panel, our vendor Market Test and the moral and financial support of Telerik – a Progress company .

We will be sharing the news on our website and social media.

Join our newsletter to hear about the report first.

Stay tuned!

GEM Bulgaria
Engine for positive change

26 Aug

From Start-up to Scale-up

GEM_Frame_Scale-upTo establish a well-functioning, stable, growing entrepreneurial ecosystem, many factors should be considered – how they function and how they overlap with one another. This determines whether the economy of a country is ready to move to the next phase of economic development. One of those important factors is the number of companies with certain level of growth.

Good decisions are supported by reliable data. What are the aspirations of the population? How eager are we to start a new business? What is our growth potential? Are we limited by our country’s phase pf economic development? Do we have high levels of R&D and transfer and is it a prerequisite for an economic growth? In other words – is it time to move our focus from start-up to scale-up?

The Global Entrepreneurship Monitor Bulgaria uses the best instruments for measurement and analysis of the entrepreneurship ecosystem and offers recommendation for its development. Our studies help boost the conditions for scalable and balanced development of the elements forming our economic framework.

We share with you an excellent report by Sherry Coutu, Scale-up Report on UK Economic Growth (2014).

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