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Investor Presentaiton

Ī› GEM Rank of Armenia by some indicators among 50* countries GEM- Armenia National Report 1 25 50 5 7 23 38 1 27 25 50 Nascent Early-stage entrepreneurship Entrepreneurial rate Activity Established Business Ownership Employee National Entrepreneurial Entrepreneurship Activity Context Index * The study discusses also: The SOCIAL and CULTURAL Foundations of Entrepreneurship ā– MOTIVATIONS and ASPIRATIONS: Why Do People Start or Run a Business? INFORMAL INVESTMENT EXITING a Business (positive and negative purposes) *the number of NES survey is 54 INTERESTING FINDING in GEM Armenia national report: Armenia is 3rd with % of adults agreeing that other people think that they are highly innovative. 7.9% of population has recently provided funds for a new business started by someone else (14th out of 50). The share of positive reasons to exit a business in Armenia (15%) is among the lowest indicators for 50 GEM APS countries (41th out of 50). "make a difference in the world" was a motivation for only 18.4% of those how started a business in Armenia. This indicator is lower for only 3 countries out of 50 (Italy, Republic of Korea, Madagascar). 42
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