
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.

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.

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

Private Sector Development Policy Research Center is leading a Regulatory Impact Assessment (RIA) of the Draft Law of Georgia on Entrepreneurs.

In developed countries like Korea and Australia, employment in the agricultural sector is gaining more and more popularity, however, moving back to the countryside in developing nations remains associated with poverty, inefficiency, and lack of progress.