Various business support programs have been implemented in many countries across the world. Grants, interest-rate subsidies, and equity participation are among some of the most adopted tools for promoting firms’ performances (Dupont and Martin, 2006). Such assistance programs also have their own objectives. For example, low-interest rate loans and cash transfers to new and small firms are designed to overcome the financial constraints many firms face (Hubbard, 1998).

A study of the Georgian tea sector’s competitiveness has been undertaken to reveal the potential for investment. The European Bank for Reconstruction and Development (EBRD) has been increasing its support for private sector development in Georgia which, alongside recent government reforms, is expected to improve the investment climate, giving further momentum to the EBRD's diversifying portfolio.

Reaching European and international standards of insolvency proceedings is considered one of the most important priorities of the Georgian authorities and its international partners for creating enabling business environment and fostering sustainable growth and job creation in the country.

On February 26, 2019, the APRC participated in a meeting on sustainable land management and green agriculture in Georgia. The event was organized by REC Caucasus and gathered more than 60 participants from the public and private sectors. The representatives of different organizations (e.g., GIZ, IFAD, FAO), as well as a number of farmers, shared information on their projects and activities related to climate-smart agriculture and sustainable land management in Georgia.

BCI in the first quarter of 2019 has worsened, dropping to 22.6 index points, which is a 7.4 index point loss over the previous quarter. The BCI drop is driven by worsening in the past performance and expectations in a number of the business sectors. Interestingly, companies in the construction industry assessed their past performance most pessimistically, however they display the most optimistic expectations. While the private sector expectations tend to worsen, they continue to remain positive.