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Iran’s Ministry of Labor to Finance Women Entrepreneurs

Women Entrepreneurs in Iran

According to unofficial sources, unemployment rate in Iran is estimated more than 20%. This rate is even worse in different provinces, and the Iranian government has failed to create enough job opportunities for youths and students.

Over the past few years, a number of start-ups and privately-held companies have done well in creating jobs for unemployed people. At the same time, the government has not supported entrepreneurs despite their important roles in Iran’s economy.

Iranian Ministry of Cooperatives, Labor and Social Welfare announced on Saturday that it will supply funds and low-interest loans to women entrepreneurs starting next month. In recent years, the number of female entrepreneurs has been increased in Iran dramatically. Females have managed to found consistent and successful businesses.

Shadi Ghahremani, an Iranian investor and entrepreneur, says these kinds of supports are critical for entrepreneurs, especially women. “Traditionally, Iranian women are forbidden to trade and establish businesses in public. These supports will highlight the remarkable position of women entrepreneurs in the country.”

“During the last five years, female entrepreneurs have introduced a huge number of brilliant ideas. With minimal support from the government, they established businesses in different provinces and various sectors, and the results were exceptional.” Shadi Ghahremani informed the Herald Boy.

Hossein Ali Khani, an Iranian scholar and economist, believes that supporting women entrepreneurs will help them to propel their flourishing businesses. “In Western countries, women have managed to introduce themselves as successful entrepreneurs. As Iran’s economy is experiencing many difficulties, supporting entrepreneurs will result in more opportunities for unemployed population of the country.”

Privately-held companies have recently opened a few schools to instruct Iranian entrepreneurs. It is worth mentioning that Ministry of Cooperatives, Labor and Social Welfare is an Iranian government body responsible for the oversight of cooperative business in the country.

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