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TBC Bank’s ‘Startuper’ Finances Startups with GEL 2 mln

TBC Bank’s program – Startupper is summing up its 5-month results. Since the start of the program, 50 startuppers have already used the special loan of the  program and financial resources of 2,000,000 GEL have already been issued to promote starting businesses.

Startups participating in the program operate in various fields, including construction sector, manufacturing of shoes and clothing, agriculture, tourism, transportation and logistics, healthcare, technologies, etc.

In addition to Startup Loan, a Package of Banking ProductsStartup Energy Card (a joint card of SOCAR Georgia Petroleum and TBC Bank, offering a discount of 15 tetri on fuel) and Startup Leasing were specially created for the Startuppers within the program. Starting businesses have an opportunity to use reduced rates for the mentioned products.

In the course of 5 months, up to 6,000 startups have already used the Startupper banking products and up to 200 startuppers have used Startup Energy Card.

Non-financial activities of the program attracts considerable interest of startups as well. A course of trainings and master classes specially developed for startuppers and led by professionals of various fields was attended by up to 300 startuppers. The course assists startuppers to improve their business skills.

Another nonfinancial part of the program is media support and popularization of startups. Partnering media websites: Ambebi.ge, Bpn.ge, Marketer.ge, News.ge and section on Startuppers of the Program “Sakmiani Dila” (Busy Morning) have introduced 170 startups and their founders to the public and prepared articles, interviews and reports on them for 5 months.

As part of the program, special updates are constantly developed for startuppers and it is planned to carry out a number of initiatives and projects in the near future.

Detailed information on TBC Bank’s program – Startupper can be found on the webpage of Startupper – www.startuperi.ge