Seminar of the Bulgarian Association for Management, Development and Entrepreneurship (BAMDE)

Oct 9 2014
Seminar of the Bulgarian Association for Management, Development and Entrepreneurship (BAMDE)

Participation of Ms Madi Sharma as Speaker at the BAMDE Seminar on “How European Entrepreneurs can act successfully in global multicultural business environment”.

The Bulgarian Association for Management Development and Entrepreneurship (BAMDE) is a leading organisation in the field of management training and development in Bulgaria. BAMDE unites the most excellent Bulgarian training institutions, promotes and guards the quality of trainers and training programmes and acts as a national platform for professional management development in Bulgaria with relations to international management development organisations. BAMDE is a national, non-governmental, non-profit organisation, established in 1997 under the Phare Management Training Programme Bulgaria. Its founding members are leading organisations in the sphere of economics and management training.

The Seminar was divided in two days. During the first day Professor Hisrich, Director of the Thunderbird School of Global Management, Arizona, USA, spoke on US trade in the EU and opportunities for entrepreneurs. His lecture was on how companies grow, getting access to funding, identifying customers and finding new partners.

Dr Petra Kluger represented the Fraunhofer Institute which is Europe’s largest application-oriented research organization. She described an EU project of the value to German middle level companies on key enabling technologies.

I spoke particularly on the INT 519, developing entrepreneurs following the crisis and particularly in relatively hostile climates to entrepreneurship as prior to the lecture I had been told how difficult it is to be an entrepreneur in Bulgaria. The demographic challenges, the lack of finance and high unemployment gave me the opportunity to promote social entrepreneurship and social innovation.


In my second lecture the following day I talked about the EESC and it’s collaborate approach to working together to identify solutions, collaboration with social partners and the academic institutions, and how this concept can be used in companies of all sizes. Sharing the work of the Employers Group and how we work together and lobby for policy changes to support small and large companies could be used by stakeholders in Bulgaria to lobby for government changes on policy, as this was seen as one of the biggest challenges facing new and established entrepreneurs in Bulgaria .


Jobs, wealth creation and innovation are the key foundations to economic sustainability but also social stability, hence, businesses in Bulgaria can be supported to create more jobs, deliver more training to ensure everyone could benefit. The history of Bulgaria already proved it has the ability to be an innovative and  industrial country.


This was a great opportunity for me to transfer my experiences as a Member of the EESC and a successful entrepreneur into inspiring young entrepreneurs and the business world in Bulgaria to promote entrepreneurship at every level.



Please do not hesitate to contact me for any further information    or view the University website for more details


Madi  x


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