ESIL Angel: Lucia Usurelu

Bio at a glance

Lucia Usurelu is a qualified consultant in project management for the SME sector and women entrepreneurship, at national and international level in Moldova. She has over 25 years of management experience, with expertise in business consulting, strategic planning, international management, budgeting and financial reporting.

Works at

ProEntranse is a non-governmental nonprofit organization, that offers support in developing a successful business for entrepreneurs, through consulting, counseling and providing trainings.

Early stage investing in Moldova today:

  • Regulatory reforms have helped Moldova to steadily advance in the World Bank’s Doing Business rankings,
  • However progress has been marred by the significant regulatory uncertainty and political upheaval brought on by the banking sector crisis. Despite the government’s commitment to further reduce red tape, tackle corruption and stimulate competition, recent reforms have yet to translate into substantial improvements in the investment climate
  • Corruption is one of the main impediments to business development
  • Bank lending is relatively underdeveloped in Moldova compared to regional peers.

My goals in Moldova

  • The ESIL objective for 2018 is to start to introduce a basic understanding how an angel investing ecosystem can be built and to then develop a longer term strategy for Moldavia.
  • The overall objectives of ESIL in Moldova will therefore be to significantly increase the general awareness and acceptance of private investing as a prime source of capital and make early engagement with potential early-stage investors and support them in the development of their initial investing activity

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