TTM Wins GITA’s Grant of GEL 250,000

TTM startup has won a grant of GEL 250,000 as part of the GITA’s grant program of GEL 650,000.

TTM has created a smart device for automobile speed restriction – ISA. The device protects the speed limit due to the traffic signs in an automated regime. The product is designed for improving the safety of public transports and commercial automobiles. As reported, the Georgian Innovation and Technology Agency (GITA) launched the 650,000-GEL grant program with the support of the World Bank (WB) on May 22, 2019.

The program aims to stimulate innovative projects and enterprises and integrate them into the Georgian economy. The program enables micro, small, and medium startup companies to introduce their products onto global markets.