Enterprise Georgia Agency of the Georgian Economy Ministry has selected business ideas as part of the micro and small entrepreneurship grant program.

A total of 26,307 applications were submitted to the Agency, of which 4,103 projects were selected for the second phase, including 2,056 projects submitted by women and 2,047 projects submitted by males.

The transparent selection process was carried out by independent experts with corresponding experience and qualifications. In order to ensure an unbiased assessment process, all applications were conferred specific codes and the jury selected the projects based on the mentioned codes. The selected applicants will be invited to submit business plans in early December.

Before, they have the opportunity to attend online training in wiring business plans. Enterprise Georgia has been implementing the micro and small entrepreneurship grants program for 5 years. The Agency has also financed 6,212 projects and total investments amounted to GEL 61 million.

CBW