The aim of this paper is to examine similarities and differences between Bulgarian female and male entrepreneurs with regard to a number of personal characteristics, characteristics of their ventures, and characteristics of the environmental context, in which they operate. A sample of 501 companies (282 maleowned and 219 female-owned) with a single owner is used in the present study. Data have been analyzed using a binary logistic regression. The differences in entrepreneurship identified in this paper are strikingly similar to those reported in the literature in Western countries. This could be explained with the presence of similar gender inequalities and deeply structured processes of female subordination in capitalist, command and transition economies.