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  3. Enterprise Georgia and the RSMEDP launch new initiative to help underserved groups access finance through state grants program

Launching a new initiative to help underserved groups access finance through state grants program

Georgia
Entrepreneurial ecosystems
04.05.2022
The Rural Small and Medium Enterprises Development Project (RSMEDP) signed a partnership agreement with Georgian government agency Enterprise Georgia (EG) to improve inclusivity of the Agency’s Micro and Small Business Support Program. 
Irakli Gabriadze and Richard Rose sign the Partnership Agreement. The signing ceremony was held at the office of Enterprise Georgia in Tbilisi, Georgia.

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.

"I really appreciate the support of the Swiss-funded Rural SMEs Development Project in enabling us to test new ideas that can improve the effectiveness of the agency’s work.  Creating more equitable socio-economic outcomes for all Georgians is a key priority for government and this initiative will help us contribute to that goal through reaching those that remain under-served by our Micro and Small Business Support Program."
Irakli Gabriadze, Deputy Director of Enterprise Georgia

“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).

Georgia
Sustainable agriculture, Trade, Entrepreneurial ecosystems
Creating a better business environment for rural small and medium-sized (SME) enterprises in Georgia
The Rural SME Development project aims at creating a better business environment for rural SMEs and entrepreneurs in Georgia.
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