Enterprise Georgia (Entrepreneurship Development Agency) was established in March 2014 under the Ministry of Economy and Sustainable Development.
Enterprise Georgia is the first government institution in Georgia mandated to facilitate private sector (and in particular SME) development through a variety of financial and technical support mechanisms, as well as export support. At the same time the Agency is an integral part of the new governmental program “Produce in Georgia”, initiated by the Prime Minister Irakli Gharibashvili to encourage domestic production and increase productivity and competitiveness of SMEs.
Vision:
Private sector driven and export-led economy.
Mission Statement:
Support Georgian enterprises increase profits and become globally competitive.
We know how to:
• Put in place schemes enabling easy start-up and long-term solvency of local enterprises
• Encourage high entrepreneurial culture among Georgian small and medium enterprises via training, consultations, business linkages & matchmaking
• Help SMEs access information regarding the financial instruments available locally and internationally
• Provide SMEs with access to finance via different schemes( interest rate financing, collateral insurance, grants, etc)
• Facilitate support mechanisms for technical assistance to local enterprises for improving the production process, operations management & business cycle
• Promote Georgian products internationally on targeted markets via: Product exhibitions, inbound and outbound trade missions, online marketing, product completions
• Build export capacity for SMEs,assisting with action plan preparation and offering export support programs
• Create export selling capabilities for SMEs through education programs
• Help export oriented companies access business intelligence (market reports, access guides to targeted markets)