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The objective of the project is to promote the small and medium business sectors of Georgia and foster their development, Vakhtang Butskhrikidze said.

TBC Bank and Geocell Introduce New Business Award Project

TBC Bank and Geocell will hold a joint project – Business Award 2016. On June 21 TBC Bank director general Vakhtang Butskhrikidze and Geocell director general Pavel Smalinski unveiled the project details at a news conference.

The objective of the project is to promote the small and medium business sectors of Georgia and foster their development, Vakhtang Butskhrikidze said.

Over the past years about 12 000 representatives of small and medium business sectors have passed trainings in various directions, he added.

“Small and medium business sectors create Georgia’s tomorrow. We started their promotion not today. We prioritized this direction many years ago. Today we have launched a new project jointly with Geocell and I am sure this project will be successful and all Georgian companies will see what may be done and how it may be done in Georgia”, Butskhrikidze said.

Geocell telecommunications company provides general sponsorship of the project. Out of 7 nominations Geocell will award winners in the following nomination – Innovative Business of the Year, Pavel Smalinski said.

“It is much honor for us to implement this project jointly with TBC Bank. The bank makes focus on bolstering the growing business in the country. Small and mediums business sectors create the segment that have huge potential and perspectives in terms of generating wealth in the state economy.

Seven nominations have been selected in the right way for the project. Geocell awards the winner in the nomination – Innovative Business of the Year. These innovations are important and we have ambition that we are an innovative company. Therefore, we believe this project will assist companies to expose their activities and attain success”, Smalinski said.

Georgia-based business companies registered before 2016 and with turnover of no more than 10 million GEL are able to take part in the Business Award.

Winners will be named in the following nominations:

1. Tourism Business of the Year

2. Agro Business of the Year

3. Georgian Product of the Year

4. Innovative Business of the Year

5. Marketing Campaign of the Year

6. Small Business of the Year

7. Business of the Year