Time in Tbilisi: April 26, 2024 13:39
Georgia's Innovation and Technology Agency has announced a 100,000 GEL co-financing grant competition for the sixth time.
The agency will finance startups with innovative and creative projects.
Economy Minister Turnava noted that the state supports developing startups and innovative ecosystems in the country.
In total, 96 startups have been funded in the past five competitions announced by the agency.
We have very successful examples when GITA-funded startups have attracted investments from private investors from Silicon Valley,” said Turnava.
The co-financing grant program of the Innovation and Technology Agency is implemented with the support of the World Bank's National Innovation Ecosystem (GENIE) project, the goal of which is to develop innovative products and services with international potential in Georgia, to commercialize them and to stimulate the creation of innovative businesses.
Massachusetts Institute of Technology (MIT) has started startup project in Georgia at the base of the Business and Technology University (BTU) of Georgia.
Global business accelerator 500 Startups has selected two winning startups in Georgia that will travel to Silicon Valley in the spring of 2021 and participate in a one-month programme of 500 Startups. One winner is an auction portal for used vehicles Cardeal and the second is an intelligent logistics platform, Cargon.
Georgian startups will now able to enter the Iranian market of 80 million consumers and develop new businesses in Iran.
Two Georgian technology startups finished among the top 10 projects from thousands of international initiatives at one of the largest mobile innovations event in Spain last week.
The government of Georgia has announced a new state programme, FDI Grant, under the auspices of Enterprise Georgia which will promote the growth of foreign direct investments, the inflow of technologies and the creation of new jobs in Georgia, announces Enterprise Georgia agency.
Impact Hub Tbilisi has been named the most recommended impact hub in the global network of more than 100 international hubs run by Impact Hub Global.
Georgian platform AgroServ.Ge, which enables easy communication between agricultural service providers and the recipient of agricultural services is among the 16 winners of the European Young Innovators 2020.
Swiss chocolate producer Camille Bloch has entered Georgia with the support of the country's investment attraction agency, Enterprise Georgia.
The global leader in digital automotive merchandising software and data SpinCar has acquired Georgian Pulsar AI startup company - the creator of the auto industry’s ‘most advanced conversational’ AI platform.
Two young Georgian inventors were honoured at the annual Italian Innovation and Research Day on Thursday, with an occasion in Tbilisi unveiling prospects for their future opportunities.
Catapult VC venture fund, a California-based company involved in investments in technology ventures, will launch a fund dedicated to investing in Georgia's innovative startups, in a move Prime Minister of Georgia Irakli Garibashvili called an "important step in developing the country into an innovative hub".
Georgia’s Black Sea city of Batumi on Saturday hosted a national leg of the Startup World Cup competition involving top startups from across the country, the Georgian Innovation and Technology Agency said.
Georgian startupper Ana Robakidze, the founder and CEO of an AI platform Theneo on Friday won a Pitch contest at the world’s largest technology event, Web Summit 2022 in Lisbon among 2,300 startups, representing hundreds of countries worldwide, the Web Summit announced.
Georgian prime minister Irakli Garibashvili on Saturday congratulated Ana Robakidze, the founder and CEO of Theneo and her team on winning the Pitch contest at the “most important” startup event, Web Summit 2022 on Friday and said this “great” victory would give “more motivation” to the development of “entrepreneurial spirit” and innovative ideas in Georgia.
Projects for improving efficiency in small and medium-sized businesses, reducing cost of management, promoting healthy lifestyle and more have been unveiled as winners of the Georgian Innovation and Technology Agency’s grant programme.
Enterprise Georgia, an export promotion agency of the country, is inviting micro and small-sized entrepreneurs in Georgia to submit their new business ideas for a state grant with a maximum amount of ₾30,000 ($11,607).
Georgia’s Innovation and Technology Agency has announced a ₾25,000 ($9,264) co-financing grant competition for eastern Kakheti and central Kvemo Kartli regions with the aim of promoting and strengthening local innovative and technological ecosystems, the Agency said on Monday.