September 5, 2020 – within the closing ceremony of the phase III of the Regional Youth Entrepreneurship Program held in Georgia’s Innovation and Technology Agency (GITA), the Grant Selection Committee evaluated presented entrepreneurial business ideas and announced 4 winner projects.
Within the program, local entrepreneurship training sessions have been conducted for more than 100 young people in 9 target municipalities after which the authors of the best 15 business ideas were selected and invited to the Boot Camp. At the end of the second stage of the program, they were entrusted to prepare the so-called pitch to present their business projects to the grant selection committee.
During the pitching day, each project participant had only 5 minutes to pitch own idea. All in all, 15 project ideas were presented to the grant selection committee. After the evaluation, 4 winner projects were selected for funding.
The grant selection committee was represented by Nika Kurdiani – Vice President of TBC Bank, Teimuraz Mamatsashvili – Head of the GITA Startup projects, Katy Chumburidze – Chief of Party, USAID Zrda Activity in Georgia, Ketevan Latsabidze – Agricultural and Rural Development Agency (ARDA) Representative, and Nelly Revazishvili – RDFG Rural Development Project Manager.
The winners of the III phase of the program:
- Gvantsa Zakariashvili from Kaspi
UNIKI – Children’s Clothing Enterprise – GEL 9 525
- Giuljakhan Ajalova from Marneuli
Closing Atelier JULIA – Gel 7 000
- Nika Shavdatuashvili from Gori
Wood and handmade leather handbags workshop NICKHAND – GEL 10 000
- Mariam Kobalia from Zugdidi
Ghypsophila tile Greenhouse – GEL 6 202
The 3 phases of the Regional Youth Entrepreneurship Program have been implemented by the Association Rural Development for Future Georgia (RDFG) under the scope of the USAID Zrda Activity in Georgia aiming at strengthening rural youth through entrepreneurship. The Program has been implemented in 9 Zrda target municipalities: Zugdidi, Borjomi, Aspindza, Adigeni, Ninotsminda, Marneuli, Bolnisi, Kaspi, and Gori. The program participants were required to present their business ideas related to agriculture, tourism, innovations/technologies, or creative industries. All in all, within the framework of the 3 phases of the program, 14 young entrepreneurs were funded.
The project was supported by Enterprise Georgia, Creative Georgia, Georgia’s Innovation and Technology Agency, National Tourism Administration, Agricultural and Rural Development Agency, Crystal, National Bank of Georgia, and TBC Bank.
Success stories of the winner projects from the phase I and II: https://rdfg.ge/success-stories/