Up to 100 Georgian small and medium-sized enterprises (SMEs) are now in a better position to take advantage of the benefits of the free trade agreement between the EU and Georgia.
The EU-supported project ‘SME Development and DCFTA in Georgia’ has helped to establish three business clusters in the country and to lay the groundwork for two more, reaching out to 100 SMEs specialising in furniture, interior design, film production and post-production, ICT, apparel and honey production.
As a result of the 4-year project, these SMEs have received access to leading international expertise to help them identify opportunities for capacity and product development, better competitiveness and integration with the European market.
Cluster member SMEs currently employ more than 1,400 staff members in Georgia.
A Georgian medical textile company produced 40,000 medical gowns in one week, after purchasing 12 additional sewing machines with support from the EU project ‘Clusters 4 Development’.
With a total of 18 sewing machines, the company can now meet the high demand for surgical gowns in Georgia, and actively support the fight against the COVID-19 outbreak.
‘Clusters 4 Development’ is funded by the EU and the German government. It supports the development of business clusters in three sectors: apparel, construction materials and tourism.
The project also collaborates with the Georgian government to improve the institutional framework for cluster and business development. The project is implemented under the ‘EU4Business’ initiative.
You can too! How the EU supports women entrepreneurs in Georgia?
- 1. I want to start my own business, but I’m not sure my idea would work. Who can advise me?
The European Union is very active in supporting the development of new businesses, particularly among women and particularly in the regions of Georgia, often with a focus on rural and disadvantaged areas. So don’t think that you need to be in Tbilisi, to have a higher education or an established business in order to access EU support – on the contrary!
The EU supports a number of programmes and business support facilities that provide know how, practical help, and even funding to help you start your business.
Here are some examples:
If you are looking for support in agriculture, the ENPARD programme provides information, training, advice and financial support all over Georgia, with hundreds of thousands of farmers benefitting since 2013. Visit the programme’s interactive map to find regional initiatives, contacts, information centres and cooperatives near you.
The Mayors for Economic Growth programme supports local authorities in developing economic growth and job creation. Among the dozens of local authorities that have signed up in Georgia, three – Bolnisi, Gori and Tbilisi – are running pioneer projects including support for new entrepreneurs with training and business development facilities, ensuring the equal access of women to development opportunities.
- 2. Business advice is all very well, but you need money to develop your business. How can I get funding when I have no money of my own and no business experience?
A number of grants for agricultural projects are available under the ENPARD programme. Follow the calls section on their website to see the list of grant competitions that are available.
While the local development projects funded under the Mayors for Economic Growth initiative do not provide grants, they will help you to access finance. For example, the SPARK business accelerator set up under the project in Tbilisi offers new businesses assistance in preparing a business plan, and puts you in contact with potential investors and sources of finance.
One EU-funded programme offers loans that are specifically tailored to women: Women in Business can provide finance both to start and develop a business. The programme works with local partners Bank of Georgia and TBC Bank and offers preferential terms for women entrepreneurs to finance new business ideas or expand an existing business. Several other projects under the EU4Business initiative also work with local banks to provide loans for SMEs – from micro-finance to major investment loans.
- 3. I already have a business, but I need help to take it to the next step: is there any EU support available for me?
If you already have a business and you are looking to develop, funding (and training) is available through a number of programmes under the EU4Business initiative, which supports private sector development across Georgia.
Apart from providing loans, Women in Business offers training and subsidised advisory services that are specifically tailored to women-led businesses. The programme also offers a personalised online tool – the Business Lens – to assess your business and see what kind of support you can access.
Some EU4Business programmes also offer finance for much larger businesses, but others such as the DCTA Initiative East offer microfinance loans up to €25,000. The European Fund for South East Europe (EFSE) also provides small loans (average loan size €14,300) to the smallest businesses (less than 10 employees) in sectors such as agriculture, industry, trade and services. Click here for the full list of finance programmes under EU4Business, here for projects offering training and business advice, and here for projects supporting access to markets.
Georgian entrepreneurs also have access to the Enterprise Europe Network, which helps Georgian SMEs find business and technology partners across Europe and beyond.
- 4. I’m not sure I want to start a business, but I want to learn new skills: is there something for me from the EU?
Training and skills are a key priority of EU support in Georgia, and the EU provides considerable funding for Vocational Education and Training (VET). The EU recently launched a 150 million GEL programme supporting vocational education and labour market development. The 5-year programme will help 105,000 Georgians find jobs by expanding high quality vocation education, improving labour policies, and supporting entrepreneurship training.
In terms of direct support, the individual EU4Youth programmes – Say YES: Skills for Jobs, Enhancing Youth Education, Employment and Participation in Conflict-affected Areas in Georgia and Ukraine, Fostering Potential for Greater Employability, and Better Skills for Better Future – have a strong focus on skills for under-35s, especially in less advantaged regions of Georgia, providing training, mentoring and internships to help young people find jobs.
For young women under the age of 30, the EU offers exciting opportunities under its Erasmus + youth programmes. You can join the almost 10,000 young Georgians who have already learned new skills and developed valuable experience by participating in youth projects or volunteering for work abroad under the European Solidarity Corps.
- 5. Are there women like me, who started their own business with EU help?
There are lots!
Nata, Manana, Irina and Dali all received grants under the ENPARD programme. Natalia and Irina come from Tbilisi, Manana from Tsalka, and Dali from Upper Alvani. Natalia grows cucumbers, Irina tomatos, Manana runs a tea processing enterprise, and Dali combines honey production with educational courses. They have all developed their business with the help of EU training and grants.
Irina Gloveliand Tekla Mamageishvili both received advisory support as part of the Women in Business programme. For Tekla, the project helped to plan the activities of her eye clinic more strategically and attract financial resources, while Irina received help to put her engineering company’s financial reporting in order, leading to a 7.5% rise in profits.
Manana Chqareuliworked from home as a seamstress. With the help of loans under the EFSE programme, she was able to upgrade her equipment, lease a proper workspace and hire staff to develop her business. Now her company is on its way to becoming a brand in its own right.
Diana Bakradze and Anna Varamashvili benefitted from skills training and internships under a project for ‘Support of vulnerable youth to become productive citizens through learning, training and employment’, an important step to an independent professional life.
Click here for more success stories from ENPARD, here to find out what the city of Bolnisi is doing under the Mayors for Economic Growth project, and here to learn about five Georgian women who have benefited from EU support across a range of areas.
- 6. Whom can I ask for help?
Visit the ENPARD website to find contact information in all the different regions of Georgia, and check the programme’s interactive map to find regional initiatives, contacts, information centres and cooperatives near you.
If you already have a business and are looking to develop it, check out the training and funding opportunities available under EU4Business in Georgia.
For education and youth opportunities, contact the national Erasmus + office in Georgia.
And don’t forget to follow the EU Delegation to Georgia on Facebook for updates and new opportunities.
Giorgi Gakharia: Hospitality is in our DNA, and it is a country where future is born from history and traditions
We are honored to host the Silk Road Forum for the third time in Tbilisi, Georgia. This event has gathered more than 2000 participants from over 60 countries, Georgian Prime Minister Giorgi Gakharia stated in his speech at the formal reception honoring the delegates of the Silk Road Forum.
As the Head of Government underlined, more than 300 bilateral meetings have already been scheduled, which is remarkable, indeed.
Besides Georgia's investment opportunities, Giorgi Gakharia, in his speech, also singled out the worldwide uniqueness of Georgian hospitality.
"Georgia is not only the best place for investments and doing business. Georgia is a homeland of winemaking and Georgians are number one hosts in the world, because hospitality is in the DNA of our culture.
So, let me, keeping in mind all countries along the Silk Road, raise a toast to Georgia at the crossroad of civilizations, where future is born from history and traditions," Giorgi Gakharia stated.
Prime Minister's Press Office
Opportunities of activation of partnership between the Union of Industrialists and Entrepreneurs of our country and Singapore companies were discussed during business forum timed to the state visit of Turkmen leader to Singapore.
Turkmen side presented detailed information about the activity of the Union of Industrialists and Entrepreneurs, which was founded by the initiative of President Gurbanguly Berdimuhamedov in 2008. Today, this is strong business association of 23,000 representatives of private sector, which carry out their activity in many branches of economy.
The Union has Entrepreneurship School, Trade Chamber, Construction Facility Directorate as well as own Rysgal Bank. Important events and current information are reflected in the publication of profile newspaper and on the website of the Union. Branches of the UIET, school and bank are opened in all regions of the country. Political party of Industrialists and Entrepreneurs, which is represented in National Parliament, has been founded.
The UIET has its representative offices in Beijing, Dubai and Vienna. In addition, trade houses were opened in Kyrgyzstan, Georgia, Afghanistan and China.
Representatives of private sector take an important place in implementation of social and economic reforms in the country. Private agricultural producers were released from taxation. They received free land in long-term lease as well as beneficial loans. In the result, the share of non-governmental sector of economy in the structure of the GDP, without fuel and energy complex, was 64 percent in 2018.
For ten years, the members of the Union have invested around 5.5 billion US dollars, from which 2 billion to agricultural complex. Completion of these projects created more than 150,000 new working places.
Export volumes of local production are increased steadily; delivery to fruit, vegetable, fish and other food production has been significantly increased.
Activity of entrepreneurs in industrial sector also grows. Abadan Haly Complex for production of carpet and carpet production as well as Paper Factory in Yashlyk are good examples.
Production activity of the members of the Union include chemical industry, which develops based on mineral and raw material resources of the country. Big facilities for production of chemicals like iodine, synthetic washing liquids, disinfectants, table salt, paints, construction adhesives, insulation materials, aeroconcrete blocks and other goods, which are supplies to foreign countries, have been built.
Members of the Union carry out an active work for implementation of the projects of construction of plants for production of potassium fertilizers (potassium chloride and potassium sulphate), mixed fertilizers, technical carbon, ethyl alcohol, develop investment projects for production of caustic and calcined soda, chlorine, hydrochloric acid, sodium sulphate, cement and other chemical production from local natural and mineral resources.
Opening of facilities for production of liquefied gas, carbamide and ammonia, graphite electrodes seem to be perspective direction in chemical industry. Projects in heavy industry, metallurgy and gold production are also financially attractive.
Work for development of electronic and electro technical branches are carried out. The entrepreneurs have started the production of local electronic payment terminals and training computers, tablets and routers.
Recently, Turkmen IT Park, which is aimed at the development of digital infrastructure in the country as well as at taking of innovative products of Turkmenistan to international market, has started its activity. University of Business and Digital Technologies, which is planned to be opened by the Union next year, is to support this project. In this regard, specialists from Singapore were invited to make developments in the sphere of information technologies with future students of new Turkmen university.
Aspects of cooperation in such important direction such transport and logistics have also been discussed. Turkmen Logistic Association has been founded under the UIET aegis. Turkmen transport companies have modern equipment for transportation of oversized and heavy cargos, which allows serving industrial projects in the country and region.
Development of tourism sphere is a priority direction of the activity of the Union. Therefore, such directions of establishment of direct commercial and investment contacts as education, information technologies, chemistry, transport, logistic and tourism have been outlined at business forum.
In this regard, the importance of activation of business exchanges, participation in exhibition and fairs held in two countries, organization of trips of entrepreneurs for study of opportunities to participate in projects has been highlighted.
The state news agency of Turkmenistan
Gambling Business in Georgia: How to Set Up Business and What Are Gambling Regulation Features? Program of Georgia iGaming Affiliate Conference
On October 18, Georgia will host the first training event dedicated to relevant issues of online and offline gambling, its marketing aspects and prospects. Georgia iGaming Affiliate Conference will bring together gambling operators, government officials, affiliates, and webmasters. The event is organized by Smile-Expo International Company.
About the program
Conference speakers will talk about new gambling legislation, advantages of Georgia as a gambling region, and a specific nature of casino establishment. A part of the program will cover traffic generation and affiliate network promotion. Meet experts who will highlight these topics.
Teona Shiukashvili, Head of Gambling Business Regulation Division at Georgia Revenue Service since December 2018. She has been operating in the public sector for 13 years. The expert has 10 years of experience in the issuance of business permits for the gambling activity and control over the conditions of issuance.
Teona will make a presentation: Amendments in laws and regulation of Georgian gambling business.
Cezary Zieniuk, Managing Director at IBCCS Georgia. He specializes in international tax planning, corporate management, and business consulting. Cezary helps investors to save on taxes and administrative expenditure. Earlier, he worked for Cyprus-based company, Seamark Consultants Ltd, and served as an ambassador of PwC.
Presentation: Establishment of gambling business in Georgia. Boost at the start.
Sofia Karapetyan, Marketing manager at Eclipse Casino Batumi. She has been working in the gambling business since 2009 at such companies as Storm International, Shangri La Casino Tbilisi, Casinos Austria International, and Ambassadori Casino Tbilisi.
Sofia will raise the topic: Gambling analytics and marketing for entrepreneurs. The increase of what metrics will provide the largest profit.
Roman Manuylov, Chief Marketing Officer and PR at Alfaleads. He has 9 years of experience in marketing and 7 years in arbitrage. The expert focused on advertising, analytics, СРI, СРА and ASO. He worked for Snaappy LLC and Adnow.com. Author of more than 190 materials published in mass media.
Roman will explain how to get maximum quality traffic and save money when promoting products using affiliate networks.
The icing on the cake of Georgia iGaming Affiliate Conference is a panel discussion titled ‘Offline and online casinos. Review of tools aimed at user attention’. Meet the first participants: Shota Amiranashvili, President of the Association of casinos in Adjara, and Giorgi Gvenetadze, Head of Product Marketing Department at Adjarabet. Giorgi will also deliver an individual presentation at the conference.
What is better: online or offline? Is there a need to choose? You will be able to discover this as part of the panel discussion. Participants will discuss advantages of land-based gambling venues and their online analogs, as well as their interaction methods.
VIP ticket owners will be able to continue networking in the relaxed atmosphere and to communicate with speakers and exhibitors of Georgia iGaming Affiliate Conference at the afterparty.
While the conference program is being elaborated, organizers are offering the lowest price of Business tickets for those who are ready to participate in the event and grow their businesses. The ticket cost is temporary reduced to 80 EUR. Seize such a chance, register to Georgia iGaming Affiliate Conference right now!
In the afternoon, the conference hall of Berkarar Hotel hosted the meeting of representatives of business circles of Caspian states. Its agenda included topical subjects of establishment of international cooperation, attraction of foreign investments and technologies in different branches of the states of the region, discussion of perspective joint projects.
For example, one of the session was dedicated to the cooperation in oil and gas sphere, its directions and perspectives. Officials of the State Concern Turkmengaz, Malaysian PETRONAS, Chinese CNPC and other took part in the session. The review of activity of big foreign partners in Turkmenistan has been presented and new investment projects in petrochemical sphere were presented.
The investments were the topic of another subject. High-rank delegates of the World and Asian Development Bank, one of the leading Qatari company Al Qamra Holding made speech at the session.
The name of the third session is Industrialization: Look in to the Future. It was held by the Central Asia Regional Head of the European Bank for Reconstruction and Development, who focused on the role of business in this sphere. Big industrial projects initiated by Leader of the nation Gurbanguly Berdimuhamedov, which are implemented by the Union of Industrialists and Entrepreneurs of Turkmenistan, practice of Azerbaijan of legal support of business and successful model of free industrial zone on example of free industrial zone in the port of Georgian Poti have been reviewed in this section.
Outcomes of the exchange trades held under Caspian Exhibition of Innovative Technologies have been announced in the end of business forum where 300 heads and representatives f 90 big companies, banks, associations and unions took part.
256 transactions to total amount of 380,179,000 US dollars have been registered at the trades. For foreign currency, brokers from Russia, Turkey, Great Britain, Luxemburg, United Arab Emirates, USA, Singapore, Hong Kong and Afghanistan have bought hydro-treated diesel fuel, A-80 gasoline, L – 0.2 – 63 and L – 0,5 – 62 diesel fuel, TC1 jet fuel, total petroleum coke, ECO – 5 hydro-treated diesel fuel produced by Turkmenbashy Refinery complex as well as ECO-93 gasoline and liquefied of the State Concern Turkmengaz. B-type carbamide and technical iodine produced by the State Concern Turkmenhimiya were the subjects of foreign currency transactions.
In addition, cotton yarn and fibre, Portland cement and glass were sold for foreign currency to Russian Federation, UAE, Turkey and Uzbekistan.
For local market, Turkmen entrepreneurs have bought polypropylene and polyethylene to total amount of 43 million manats.
It has been mentioned in the final speech that Turkmenistan has demonstrated again the willingness to start real cooperation in specific strategic directions with Caspian states and with the countries of other regions.
Document signing ceremony, which set out the agreements reached during the meetings and session in the fields of the CEF 2019 was held afterwards. In general, 57 international documents, which are related to cooperation in such spheres as international technologies, investment cooperation, trade and economic and financial sphere, diplomacy, transport, power energy, light industry, agriculture and water management, sport and other areas.
Certificate award ceremony took place afterwards. The Trade and Industrial Chamber of Turkmenistan has been awarded with the certificate for organization of Caspian Exhibition of Innovative Technologies and the first international motor exhibition of Turkmenistan on the territory of Turkmenbashy International Seaport. This certificate was presented by Sergey Gorsky, Deputy Executive Director of Messe Frankfurt, the global leader in organization of motor industry exhibitions.
Awarding this certificate, we welcome the initiative of President Gurbanguly Berdimuhamedov to organize the exhibition of advanced technologies and the first motor exhibition, which is held in Turkmenbashy and supplements this forum, supporting the promotion of new technologies in industry including in car manufacturing industry, - Mr Gorsky said.
President of the Union of Commercial Chambers and Commodity exchanges of Turkey Rifat Hisarciklyogly and the Secretary General of the Trade and Industry Chamber of the Economic Cooperation Organization Adem Kula have also presented the certificates.
ISO Compliance certificate has been awarded to the State Commodity and Raw Material Exchange of Turkmenistan by the General Project Manager of SGS in Caspian Region Azer Mammadov.
It was mentioned that this certificate is awarded by the results of big work made by the Exchange after the audit and inspection by SGS and is high marks of the final result.
After the ceremony, the briefing was given to representatives of mass media on the outcomes of the meeting of business circles. The main subjects of discussion, outcomes of available capabilities of activation of cooperation have been summed up as well as weighted and comprehensive assessment multidimensional potential of Turkmenistan has been given.
Outcomes of the first day of work of Caspian Economic Forum has been summed up the briefing. The importance of the initiative of President Gurbanguly Berdimuhamedov on foundation of CEF, which marked the launch of new ground of the dialog of the countries of the region and their international partners where anyone can obtain full information about the dynamics and perspective plans of social and economic development the Caspian Five, exchange the views about latest world trends in different section of economy, receive direct comments on interesting questions from representatives of the Governments, profile ministries and departments, successful businessmen and leading international experts has been highlighted.
The state news agency of Turkmenistan
How to Stand Out on Georgia’s Profitable Gambling Market? Leading Experts to Discuss Best Practices at Georgia iGaming Affiliate ConferenceSaturday, 20 July 2019 15:16
On October 18, Tbilisi will host a practical event called Georgia iGaming Affiliate Conference (GiAC). Gambling operators, advertisers, marketing specialists, affiliates, and webmasters will share their experience in current earnings on gambling.
The conference aims to unite online and offline casinos as well as to provide conditions for contacts and experience exchange in order to earn more, carry out legal operations, avoid penalties, and expand businesses.
Live communication with core industry experts is the best way to improve yourself and your business within a single day: you will discover how to establish a casino in Georgia, find investments, increase the customer flow, and obtain traffic sources.
The program includes the following:
How to make an attractive online offer.
Levon Nikoghosyan, entrepreneur and developer. He founded PartnerMatrix, a user-friendly software for affiliates and agents: with API integration, flexible rights adjustment, automatic payments, built-in reports, and analytics.
How to attract players to your casino among other million venues. Affiliate marketing strategies with a focus on betting affiliate website and organic SEO.
Nikola Minkov, entrepreneur. He dealt with SEO until it became a mainstream. He has founded Serpact in order to help businesses to sell their services via content. Serpact has implemented 700 client projects since 2012.
Amendments in laws and regulation of Georgian gambling business. How to run business legally, avoid penalties, and earn more on your own activity.
Teona Shiukashvili has been issuing permissions for establishing casinos for more than 10 years. Currently, she is the Head of Gambling Business Regulation Division at Georgia Revenue Service.
Must-see: panel discussion with practicing online and offline casino experts. Review of tools aimed at user attention.
Shota Amiranashvili, President of the Association of casinos in Adjara. Briefly about 13-year experience in land-based casinos.
Giorgi Gvenetadze, Head of Product Marketing Department at adjarabet.com. A bet on youth and a creative approach to business allowed Adjarabet to conclude an agreement for $132 million with Paddy Power Betfair. They allowed Giorgi to win in the Marketing Category at Cannes Lions Georgia 2019.
The party, as well as the whole event, is organized by Smile-Expo, an international company that has been holding business and high-tech events for 13 years.
Date: Friday, October 18, 2019.
Venue: The Biltmore Tbilisi Hotel.
Only 20 Business tickets left at the early bird price. Hurry up, the price will be increasing.
There will be no video recording of presentations and no online streaming.
International Forum "Business and IT. Around Data Center. Around Cloud. Around IoT. Around IP" in TbilisiWednesday, 13 March 2019 12:47
On March 21, Tbilisi will host the most important regional ITC event — the International Forum "Business and IT. Around Data Center. Around Cloud. Around IoT. Around IP" (BIT-2019). Famous for its comprehensive approach, high content quality, and unforgettable atmosphere, this unique industry event will bring together the best representatives of ICT and business in the region.
Visitors will have the opportunity to attend the following exciting presentations during the Forum:
- PON technology: the history of development in the CIS market and future expectations, Viacheslav Ryzhey, regional sales director, Raisecom
- Grandstream Networks’ reliable and effective solutions for telephone networks, Vladimir Ivlev, regional manager – CIS, Grandstream Networks Inc.
- Seagate solutions for the security of your business, Anna Ryzhova, senior regional representative in CIS and Baltic states, Seagate
You will also have the opportunity to network with the representatives of Grandstream Networks Inc., MUK COMPUTERS, Synology, Seagate, CABERO, RAISECOM, and other companies.
Please get the latest news updates at the event's site:
At the EXPO that will be open during the whole Forum, visitors can learn about the latest developments and see them implemented in real products, live demos, and installations.
One of the most valuable things at our Forum is networking between our partners and visitors, the opportunity to get answers to important questions directly from the leading hardware and solution vendors, suppliers, and experts, as well as to establish a lot of useful business contacts.
And to make the communications even more informal, we will organize a prize drawing and networking sessions for BIT-2019 visitors after the business tracks.
Please note that seats are limited, so hurry up and get the best ones at BIT-2019!
Find all details about BIT-2019 in Tbilisi at the event's official website: https://tbilisi-2019.ciseventsgroup.com/?utm_marker=IP19NDG
About CIS Events Group
CIS Events Group (www.ciseventsgroup.com) is an international marketing agency focused on ICT markets in CIS countries. The agency's core business is organizing and managing events, from large forums to small training seminars. CIS Events Group provides call center, lead generation and processing, marketing research and analysis, and advertising development services.
Date: March, 21
Place: Courtyard by Marriott Tbilisi Hotel, 4, Liberty Square, Tbilisi
EU4Business project holds sectoral meetings on beekeeping, fruit growing and market gardening in GeorgiaWednesday, 27 February 2019 09:29
Beekeeping, fruit growing and market gardening were the focus of a sectoral meetings organised last week in Georgia in the framework of the EU4Business initiative.
Representatives of small and medium-sized enterprises (SMEs) and civil society organisations (CSOs) from different regions of Georgia attended the meetings. Ministry representatives included heads of relevant departments, field experts, scientists and representatives of the country’s Agricultural Projects Management Agency.
The first section of the meeting was dedicated to challenges in the beekeeping sector. During the second part, problems identified in the areas of fruit growing and market gardening were discussed.
The event was organised within the EU-funded “Georgia on European Way: Creation of Effective Model for DCFTA and SME Strategy Implementation” project. It seeks to strengthen the capacities of Georgian CSOs and business support organisations in supporting the implementation of the Deep and Comprehensive Free Trade Area (DCFTA) with the EU. It also helps implement the SME strategy for Georgia through capacity building, awareness raising and the creation of advisory councils bringing together all stakeholders.