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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Château Mukhrani
A training on agritourism development took place at the end of April at Château Mukhrani in Georgia, supported by the European Bank for Reconstruction and Development , with funding from EU under the EU4Business initiative. More than 20...

Success stories

With the advice of the OECD as part of the EU4Business initiative, Georgia has built a comprehensive set of policies, institutions and support programmes that make it stand out as a reference point in the Eastern Partnership for impactful and coherent policymaking for small and medium enterprises. Following the wave of liberalisations and investment-friendly reforms of the early 2000s, Georgia...
Since 1992, Elselema has been producing all types of clothing, with a particular focus on uniforms, outdoor wear, as well as casuals and knitted products for men, women and children. It’s a family business which has grown to operate two factories – both employing up to 200 workers – one in Tbilisi, and one in Lanchkhuti to the West of the Georgian capital. The company is no novice in overseas...
Hazelnuts are a major product for Georgian agriculture. As one of the country’s top 10 export commodities, they are a source of income for more than 50,000 farmers and dozens of processing facilities. The subtropical climate by the Black Sea shore offers particularly favourable conditions for their growth, luring international confectionary giants such as Ferrero to come to Georgia and invest in...