EU4BUSINESS IN GEORGIA

SMEs play a significant role in Georgia’s economy, accounting for over 40% of employment, but are still struggling to scale up their operations. EU4Business supports the government's ambitious plan to reform and improve the business environment. Its programmes boost SME growth by improving their access to finance and new markets as well as targeting women entrepreneurs and projects in green energy. SMEs looking to make the most of Georgia’s Free Trade Agreement with the EU can also get financial and technical help to adapt to EU standards and to move into foreign markets.

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News/Press

Evening cityscape in Tbilisi
Since 2011, the European Investment Bank Group (EIB) and ProCredit have jointly improved access to long term finance for SMEs in Georgia. So far, 872 projects of small and medium businesses received EIB financing, totalling EUR 25 million, through...

Success stories

Hazelnut farmer
EBRD and EU help modernise Georgian businesses Georgia is home to more than 60,000 hazelnut growers. Its traditional cuisine abounds with recipes featuring the product, such as churchkhela , a popular nut and grape corner snack. For farmers and producers, bringing their produce to the table of Estonians, Danes and the Spanish is vital to continue to grow, create jobs and spur further economic...
Tea leaf.
With funding from the European Union under the EU4Business initiative, the European Bank for Reconstruction and Development (EBRD) helped Geoplant, a tea-producing company in Georgia, expand into a one-stop-shop for the entire tea production process. Founded in 1996, “Geoplant” Ltd . is currently the largest tea-producing company in Georgia. The company owns tea plantations and primary factories...
Quality Standards ISO 9001
With funding from the European Union under the EU4Business Initiative, the European Bank for Reconstruction and Development (EBRD) helped ASP-GEORGIA, an importer and retailer of cars, trucks, agricultural machinery and spare parts, implement a quality management system in accordance with ISO 9001:2008 standards. The EBRD helped ASP-GEORGIA Ltd., an importer and retailer of cars, trucks,...