500 Global: 13 startups present ideas to potential investors in Georgia

Thirteen companies from various countries including Georgia on Friday pitched their ideas to potential investors at an event hosted by 500 Global, a startup accelerator programme, the Georgian Innovation and Technology Agency said.

Economy Minister Levan Davitashvili, present at the event, said seeing the groups present "very interesting products" following a 12-week programme with their mentors was an "exciting moment".

Within the programme, new companies, startups have the opportunity to share experience, gain knowledge and become stronger from very experienced mentors. [This comes] at the end of such an accelerator programme, and we have a demo day today where we learn about their products", Davitashvili said.

Photo: GITA

The 13 startups involved in the programme - Bonpara, Epoint, GOTCHA, iDialogue, Kings, KOVZY, LiveBoard, Praktika, Pyme, QuickShipper, TASS VISION, Text'nPayMe and Voiceloft - are based in Armenia, Azerbaijan, Georgia, Germany, Uzbekistan and other countries. 

500 Global, a venture capital firm with $2.7B in assets that supports technology startups, launched Georgia's first international accelerator programme in 2022, with the support of the GITA and Bank of Georgia.