24 Georgian and foreign companies join ‘Start-up Friendly’ scheme

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.