New state program to support young entrepreneurs in rural Georgia
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Georgia is launching a new state program "Young Entrepreneur” to support young people implement entrepreneurial activities in various regions of Georgia.
The goal of the program is to encourage young entrepreneurs in between the ages of 18-40 living in the villages of Georgia and to help attract investments in production and the realisation of agricultural products. As a result the social-economic conditions of young entrepreneurs living in rural Georgia will be improved and new job places will be created.
The program finances only start-ups of young entrepreneurs individually as well as young entrepreneurs’ cooperatives.
The 10 million GEL grant funding will finance only 40 percent of the project cost, however the project cost should not exceed over 60,000 GEL and not be less than 10,000 GEL.
"The new state program ‘Young Entrepreneur’ is a very important program and I am sure it will be very successful. It will encourage young entrepreneurs in rural Georgia”, said Georgia’s Prime Minister Giorgi Kvirikashvili.
The Government of Georgia is continuing to support agriculture activities and reduce risks facing local farmers by improving the agricultural insurance program. This year, 9 million GEL (about $3.77m/€3.07m*) has been allocated from the state budget for the agricultural insurance program.
Farmers in Georgia will soon be able to have better access to agricultural equipment thanks to new amendments in the Preferential Agro Credit Project, approved at today’s government meeting.
A new European Union (EU) supported project worth €12 million will be launched in Georgia to help the country implement the agriculture development strategy for 2015-2020.
With the support of the European Union (EU), small farmers in Georgia are benefitting from economies of scale, cutting their production costs and increasing efficiency, finds the latest Annual Cooperative Survey.
As PM Kvirikashvili said, the government plans to double the financing for local governments during the next 10 years. In doing so the government hopes to address the problem inequality of life in different regions of the country.
EU-funded projects with a budget of 22 million euros (60 million GEL) implemented by the UNDP and the FAO will provide direct assistance to rural communities and support the governments of Georgia and the Adjara Autonomous Republic in sustainable agriculture and rural development policy.
Georgian farmers have presented their produce at the Co-op Market organised by the Agricultural Cooperatives Development Agency to mark the international day of cooperatives.
Farmers in Georgia will soon have better access to agricultural equipment thanks to a new programme that the government of Georgia is launching.
Farmers in Georgia will be able to sell their products in the capital city of Tbilisi at special locations that will be allocated in all 10 districts of the city, Tbilisi City Hall announces.
The European Union and the French Development Agency (AFD) are starting a new project to finance agricultural cooperatives and small commercial farms in Georgia, announced the Ministry of Environment Protection and Agriculture of Georgia today.
The European Union (EU) and UNDP are inviting rural entrepreneurs from the Georgian municipalities of Dedoplistskaro, Kazbegi, Lagodekhi and Tetritskaro to take part in the third round of the ‘Digitalise Your Business’ project, announces the UNDP Georgia.
The Georgian government is expected to postpone the date of obligatory use of cash registers at open markets, considering the economic complications created by the coronavirus pandemic.