Enterprise Georgia launches $11,607 grant programme for business ideas
All adult entrepreneurs are eligible to submit their projects to the Micro and Small Business Support Programme between April 3-27. Photo: Enterprise Georgia
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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).
The Agency said on Thursday “all adult entrepreneurs” were eligible to submit their projects to the Micro and Small Business Support Programme between April 3-27.
The only parties ineligible for the grant are the beneficiaries who won the grant in 2020 and those already funded more than once between 2015-2018, it added.
The participation fee for winners of the programme has been set to at least 20 percent of the grant, with the contribution from winning beneficiaries designated to be at least 50 percent. For projects designed for highland settlements, the former figure is 10 percent, and the latter 25 percent.
The Agency said new business ideas from young applicants, female entrepreneurs, internally displaced persons and socially vulnerable persons would be the focus of this year’s grant programme.
Electronic commerce and online retailing company Rakuten will open a Tbilisi-based office for mobile application development of its Viber messaging product, the Georgian Economy Ministry announced on Monday.
Micro- and small-sized entrepreneurs in Georgia have been invited to submit their projects for a state grant, after the Enterprise Georgia state campaign announced a call for business ideas on Monday.
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.
Georgia's Innovation and Technology Agency has announced a 100,000 GEL co-financing grant competition for the sixth time.
Georgian Deputy Economy Minister Irakli Nadareishvili on Wednesday said increasing the effectiveness of the small and medium-sized business sector was a “priority direction” of the Georgian Government’s economic policy.
Enterprise Georgia, an export promotion agency of the country, on Thursday revealed 1,176 winners of its micro and small entrepreneurship grant programme.