Trailblazers of the Steppe: Inspiring narratives of Kazakh women entrepreneurs
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Date
2024
Journal Title
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Publisher
Nazarbayev University Graduate School of Business
Abstract
A robust economy is fundamentally built on a vibrant entrepreneurial spirit. In Kazakhstan, there is a strong and growing commitment to supporting women in entrepreneurship. Both governmental and non-governmental organizations within the country are implementing various initiatives to assist women eager to grow their businesses. Official data reveals that women lead half of Kazakhstan’s small and medium-sized enterprises, contributing at least 40% to the national GDP. Gender equality, including the support of female entrepreneurship, is a key priority in the country’s national policy. A critical aspect of this support is the facilitation of financial resources and incentives for women entrepreneurs. Government programs provide access to loans, grants, and subsidies specifically tailored to women, designed to stimulate the development and expansion of their businesses. Additionally, various organizations and platforms have been established to educate and advise women entrepreneurs. For instance, the program “Development of Entrepreneurial Potential ‘Men kasіpker’ in the Republic of Kazakhstan” is an initiative developed within the framework of the Small and Medium-Sized Business Development Concept, set to run until 2030.
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Citation
Yousafzai, S., Aljanova, N., & Kulbatyrov, N. (2024). Trailblazers of the Steppe: Inspiring narratives of Kazakh women entrepreneurs. Nazarbayev University Graduate School of Business. Print House Gerona LLP.