Business
Posted: 1 year ago

New 650,000 GEL Grant Program Designed to Finance Innovative Programs

The new 650,000 GEL grant program designed to finance innovative programs was announced at Tech Park.

The program will support Georgian micro, small, and medium-sized enterprises with potential for developing their own innovations to present them on an international level, and will enable such enterprises to position their innovative products in the global market.

The program for co-financing innovative grants is implemented by the Innovation and Technology Agency at the Georgian Ministry of Economy and Sustainable Development, with support from the World Bank. The events at Tech Park was attended by the Minister of Economy and Sustainable Development of Georgia, representatives of the World Bank, experts, and startups.