14 Jul

Call for papers: The Entrepreneurship of the future


Emerging technologies regularly serve as enabling forces for economic transformation, new venturing opportunities, industry disruption, and even social revolution or improved quality of life (Cohen & Amorós, 2014). From the printing press in the 15th century to semiconductors in the 20th century, innovators have collaborated to create tools for disrupting the status quo, serving as a generative force for thousands of future innovators and entrepreneurs.

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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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30 May

GEM Bulgaria’s First Thematic Afternoon

GEM SocEnt2016 - Facebook Cover EN

GEM Bulgaria as part of the global network of the Global Entrepreneurship Monitor (GEM), organizes its first thematic afternoon dedicated to social entrepreneurship on 13 June 2016 at 1 p.m. in the House of Europe, Sofia (124, G.S. Rakovski Str.). “Global Trends in Social Entrepreneurship – measuring impact. Success stories from Bulgaria” will be situated in the context of a newly published GEM global special topic report, accounting for 58 countries. This is the biggest and most recent study of social entrepreneurship worldwide.

Special guests of the thematic afternoon will be the Ambassador of the Kingdom of Netherlands to Bulgaria H.E. Tom van Oorschot, Jacqueline Snijders (Panteia, Netherlands, GEM Netherlands), Zornitca Rusinova, Minister of Labour and Social Policy (invited), Ognian Zlatev, Head of EC Representation in Bulgaria (invited).

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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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29 Jul

GEM in comparison with other studies of entrepreneurship


GEM is not the only study on entrepreneurship in the world – other big surveys are the OECD/ Kauffman Entrepreneurship Indicators Program, the World Bank Global Entrepreneurship Survey; and the Eurobarometer Survey on Entrepreneurship.

The main advantages of GEM are that the purpose-build surveys are annual and global, which makes the data comparable. This is priceless when one monitors and analyses tendencies according to the type of economic development. The GEM methodology also allows countries to partner up and share and adapt best practices.

What makes the Global Entrepreneurship Monitor unique?

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22 Jul

The three main objectives of GEM



The Global Entrepreneurship Monitor has been established with three objectives in mind:

  • To measure differences in the level of entrepreneurial activity between countries – using one methodology for all participating countries delivers data for reliable comparison year by year and between countries. This is a key characteristic of our tool and the method is constantly being improved.
  • To uncover factors leading to appropriate levels of entrepreneurship – we collect data on individuals aspirations, attitudes as well as of the specifics of the local entrepreneurship ecosystem. The expert analysis of the collected data gives an answer which factors affect globally and locally the environment – on individual level as well the framework conditions.
  • To suggest policies that may enhance the national level of entrepreneurial activity – the third objective which is a product of the first two -to produce GEM’s annual reports which analyse the data and give recommendations which would improve the entrepreneurship ecosystem short-term and/or long-term, if implemented. The following annual follow-up survey allows us to track the progress and effect of the implementation of our recommendations.

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