On 4 May, 2022 EG and the RSMEDP agreed to design and implement strategies to improve the promotion and targeting of the Micro and Small Business Support Program, building on a Memorandum of Understanding (MoU) signed in December 2021. The popular Micro and Small Business Support Program provides state-financed grants and technical assistance to micro and small businesses in over 300 priority economic activities throughout Georgia.
EG and RSMEDP will work to improve the quality and quantity of grant applications from underserved groups through targeted initiatives to support Azerbaijani and Armenian linguistic minority communities and those from designated socially vulnerable groups. Learning from these initiatives will inform the design of future grants rounds implemented by EG.
“It is a pleasure to collaborate with the dynamic team at Enterprise Georgia and support them to achieve their ambitious goals for the Micro and Small Business Support Program. Providing technical assistance to enable EG to develop new communication and outreach strategies will ensure that we leave no one behind in micro-enterprise access to finance” said Richard Rose, Team Leader of the RSMEDP.
The RSMEDP is implemented by consortium of Swisscontact, Mercy Corps and Springfield Centre and is financed by the Swiss Agency for Development Cooperation (SDC).