Economic Council Meeting:
Supporting start-ups and infrastructure development
Tweet 
Share
The Government of Georgia is taking action to speed up the creation of vital infrastructural projects and assisting entrepreneurs who establish new start-ups in the country.
At yesterday’s Economic Council Meeting Prime Minister Giorgi Kvirikashvili outlined the Government’s plans on how to accelerate the implementation of infrastructural projects in Georgia.
Kvirikashvili urged the Minister of Regional Development and Infrastructure to minimise project development and construction times to ensure that building of strategically important highways were finalised as soon as possible.
The Government also discussed ways to provide better financial support to new businesses.
The PM said the Government was establishing a program that would support and finance start-ups in Georgia. The project would foster new business projects and "entrepreneurial spirit” within the country.
The Government will share international best practices to foster start-ups in Georgia,” Kvirikashvili said.
Meanwhile, Georgia’s Minister of Culture and Monument Protection Mikheil Giorgadze introduced the Economic Council to the activities planned in the regions for 2016.
Open concert areas will be constructed in the regions for concerts and performances as well as entertainment events. Georgian and foreign artists will participate in the different events,” he said.
The events will start in spring and continue throughout the summer, said Giorgadze.
The Government of Georgia is fostering dialogue with local business leaders by introducing four major reform ideas that aim to change the country’s investment environment for the better.
The Asian Development Bank (ADB) is enhancing its support for Georgia to fasten implementation of infrastructure projects, foster sustainable growth and strengthen regional connectivity.
Using Estonia's taxation model in Georgia, improving the country’s tax administration and implementing a governmental initiative on suspended construction of residential buildings are some of the initiatives that were voiced at today’s Economic Council Meeting.
The Government of Georgia is creating a special group to convey the opportunities, problems and ideas of the business society to the Government, to foster entrepreneurial spirit in the country.
The Government of Georgia is starting a new program to finance start-ups in the country as a way to foster entrepreneurial spirit, encourage the creation of new businesses and develop the economy.
People in Georgia with creative minds and bright ideas are invited to participate in the inaugural Seedstars Tbilisi 2016 competition and win money to fund their entrepreneurial idea.
A Georgia-made online and mobile application for farmers in emerging markets has been recognised as one of the best start-ups in Europe.
The Government of Georgia has today officially launched an innovative startup program that offers support to all entrepreneurs with interesting, new business ideas.
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.
Investors from the United States (US) are pledging to financially support the best of Georgia’s young, creative minds to turn their new business idea into reality.
20 winners each attract 100,000 GEL funding
Start-up Georgia, a Government-initiated competition to find the best new business ideas, has selected 20 winners who will each receive 100,000 GEL to bring their idea to life.