Armenia

APPENDIX 1Additional Information aboutEntrepreneurship in ArmeniaTable A1.1Summary of Estimates of Women’s Engagement in Entrepreneurship in ArmeniaFindingsOf all active enterprises, women represent about20.7% of business owners (16,200 of 78,000 enterprises).Women represent about 30% of individual entrepreneursand owners of microsized enterprisescombined (about 15,000 of 50,000 enterprises)Women’s micro and small and medium-sized enterprises(SMEs) represent about 11% of active microand SMEs.Of all survey respondents who are employed in individualbusinesses (i.e., the business owners), 23% arewomen. Note all individual businesses in the surveywere in the informal sector.Of registered enterprises, 97% of the founders andmanagers are male and 3% are female.Women constitute 20%–25% of business owners,36.2% of the self-employed, and 10.3% of employers.Women own about 700 enterprises as comparedwith 5,700 owned by men (women own 11% of enterprises).Women represent 26% of individual entrepreneurs.About 31.8% of firms have “female participation inownership.”Of all persons who responded to a household surveythat they were employed as “entrepreneurs,” 22.2%were women.Less than 15% of entrepreneurs are women.Source and YearRepublican Union of Employers of Armenia (2014)ADB. 2012. Report and Recommendation of the Presidentto the Board of Directors: Proposed Policy-BasedLoan, Loan, and Technical Assistance Grant to Armeniafor the Women’s Entrepreneurship Support Sector DevelopmentProgram. Manila. p. 2. Data from the Smalland Medium Entrepreneurship Development Center.National Statistical Service of the Republic of Armeniaand ADB. 2011. The Informal Sector and InformalEmployment in Armenia. Manila. p. 32. The surveydata are from 2009.National Strategy of Small and Medium EntrepreneurshipDevelopment, Women’s EntrepreneurshipPromotion, p. 4.Government of Armenia. 2010. Gender Policy ConceptPaper of the Republic of Armenia. Yerevan. p. 11.Small and Medium Entrepreneurship DevelopmentCenter, Republican Union of Employers of Armenia,and International Labour Organization. 2009.Women’s Entrepreneurship Development Assessment inArmenia. Yerevan. pp. 10, 31.World Bank and International Finance Corporation.2011. Enterprise Surveys Country Note Series: Armenia.Washington, DC. p. 3. This cited 2009 data.Ministry of Labor and Social Issues, National Instituteof Labor and Social Research, and National StatisticalService. 2009. Analysis of Results of the SampleSurvey on Fertility Preferences of Armenian Population.Yerevan. p. 23.S. Sabarwal and K. Terrell. 2008. Does Gender Matterfor Firm Performance? Evidence from Eastern Europeand Central Asia. Washington, DC: World Bank. p. 10.83