This is a working note outlining the initial processes behind the SME Test Methodology. It is a notable deliverable part of the Developing an RIA SME Test Methodology for Georgia, while strengthening the capacity of the Government of Georgia to utilize SME RIA tools in practice Project, as funded by the UNDP and led by ISET Policy Institute.
The goal of this study is to provide the UNDP Inclusive Access to Markets (IA2M) project with the selection of at least six sectors/subsectors in the Georgian economy where small- and medium-sized enterprises (SMEs) have established or potential opportunities for exporting to the European Union (EU) and European countries.
The "Inclusive Access to Markets" (IA2M) project aims to enhance the competitiveness of Georgian SMEs in EU and European markets. Under this initiative, UNDP commissioned the ISET Policy Institute to conduct a study to identify sectors with high growth and export potential. The objective of the study is to analyze existing research materials and data to identify at least six promising sectors or subsectors.
Assessing the progress of the SME Development reform (henceforth "SME reform") relates to the activities that have been implemented and are planned in accordance with the SME Development Strategy of Georgia 2021-2025. The strategy aims to restore positive trends that were present prior to the onset of the pandemic and to support the continued growth of small and medium-sized enterprises.
In a landmark event held today, key stakeholders gathered to explore and introduce a groundbreaking