17
April
2017
The tradition – and, in most cases, the only way – for Georgian entrepreneurs to finance their businesses and ideas is bank lending, so-called debt financing. However, this source of financing is very limited for start-ups and early-stage businesses, due to the high level of risk involved, the unavailability of collateral assets, and high loan interest rates, which are almost unaffordable for companies that do not generate sufficient returns yet.
12
April
2017
The proposed project aims at strengthening entrepreneurial education and training in formal TVET system in Georgia. The project will address well-documented gaps (see ISET’s 2016 report) in the delivery of entrepreneurial training by TVET institutions.
12
April
2017
Back in 2013, the Government of Georgia (GoG) approved a new law entitled “On Agricultural Cooperatives.” The primary goal of this legislation was to support agriculture and rural development in the country by strengthening agricultural cooperatives. Since then, agricultural cooperatives have been springing up like mushrooms; 13,000 farmers have already been registered in 1,500 cooperatives. In order to strengthen their capacity, donors led by the European Union have been providing financial assistance as well as trainings and advisory services to cooperatives and their members.
10
April
2017
On April 10, ISET students delivered yet another policy seminar. A presentation entitled “Foreign Direct Investment (FDI) & Economic Growth. Case of Georgia” was delivered by Givi Gujaraidze, Tinatin Mumladze, Kristine Gureshidze, and Shota Bakhuashvili under the supervision of Eric Livny, President of ISET, and Yaroslava Babych, Head of Macroeconomic Policy Research Center at ISET Policy Institute.
09
April
2017
Georgia’s agri-food export is concentrated in few products and few undemanding markets, making it highly vulnerable to shocks on a small number of commodity and geographical markets. At the same time, the diversity of climatic conditions and ample water resources create significant growth and diversification potential for Georgian agriculture