24 Georgian and foreign companies join ‘Start-up Friendly’ scheme
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Twenty-two Georgian and foreign companies have become "Start-up Friendly”, including world giants Amazon and Hubspots, announces Georgia’s Economy Minister Dimitry Kumsishvili.
Launched in 2016 ‘Start-up Friendly’ is a programme that aims to strengthen ties between large companies and young entrepreneurs and foster friendly relationships between them.
Within the new programme, start-ups introduce their business ideas to large companies and get support from them as they turn their business idea into a reality.
One of the largest banks in Georgia TBC Bank was the first company to join the programme in 2016.
Today Georgia’s Economy Minister Dimitry Kumsishvili launched a web-portal for the programme, startupfriendly.gov.ge, where companies will be able to register and exchange information about their services and start-up ideas.
Such platforms are important for start-ups as well as already developed companies. On the one hand, the start-ups are given an opportunity to develop further and on the other hand, large companies will be able to get new ideas”, said Kumsishvili.
‘Start-up Friendly’ as well as ‘Start-up Georgia’ is part of the Georgian government’s four-point reform agenda, which aims to stimulate economic growth.
Start-ups, large companies forge ties in Georgia
Georgia is creating new opportunities for start-ups in the country by making a special platform for them to establish friendship with large and already experienced companies.
Hundreds of Georgia’s young, creative minds have applied to a new program that offers funds and support to turn their new business idea into reality.
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