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About 17 000 Applications Submitted to Micro Entrepreneurship Program of Enterprise Georgia

Enterprise Georgia agency is implementing a new phase of micro entrepreneurship support program.

Tornike Sulaberidze, the agency deputy director told BM.Ge that reception of business ideas was finished and the applicants selected for the business plan development stage will be named on September 20.

At this stage, about 17 000 applications have been submitted with total value of 10 million GEL. The number of beneficiaries depends on the budget of specific projects”, he said. 

We remind you that starting August 2018 Enterprise Georgia continued micro and small entrepreneurship support component through a new program. 

The top margin of financing has increased to 20 000 GEL from 15 000 and the beneficiaries financial co-participation ratio is 20%.