According to the head of "Produce in Georgia", more than 400 companies have been identified and will try to transfer their labor force to Georgia in the conditions of relocation.
Crystal confirmed $8 million senior loan facility from Incofin IM advised IIV Mikrofinanzfonds to support its provision of innovative financial services to micro entrepreneurs and farmers across Georgia.
Currently, Adjara Group is in the process of reopening restaurants, bars, and hotels. The company had to temporarily put on hold due to the recent global developments.
APEIRON Biologics AG successfully performed its planned capital increase with subscription rights and private placement, raising EUR 11.9 million on 2 June 2020.
MicroGrants and Small Enterprise Support Programs, which were performing most effectively in recent years, now have an augmented budget totaling to 40 MLN GEL.