Grants

General Information
Startup Matching Grants
  • ID ST_3
  • Startup Matching Grants
  • Start Date: 10 July 2019
  • Deadline: 20 July 2019 23:59

Georgia’s Innovation and Technology Agency is pleased to announce the Call for Proposals for Startup Matching Grants Program.

The objective of the program is to stimulate innovation and creation of innovative enterprises in Georgian economy through development/adoption and commercialization of Innovative products and services with the potential for internationalization.

Startup Matching Grants is defined as small matching grants to early-stage private and small- enterprises incorporated in Georgia within the last two years. The natural persons can also submit the application, however If selected, they will be requested to register the legal business unit prior to contract signing.

The financing to be awarded by GITA through Startup Matching Grants could cover a maximum of 90 percent up to GEL 100’000 of the total approved Applicant’s project budget for a one-year project. A minimum of 10 percent of the project budget would be secured in cash by the Applicant from other sources, preferably private, and excluding public grant sources.

The Matching Grants Manual and other program related documentation is also available on this page.

The deadline for submission of proposals is 10 July 2018.

Documents

Documents for Information

  • Startup Matching Grants Manual (English)
  • Startup Matching Grants Manual (Georgian)
  • Attachment MG1 - Environmental and Social Management Framework-ESMF (Georgian and English)
  • Attachment MG6 - Financial Report Forms (Georgian and English)
  • Attachment MG6a - Quarterly progress report (Georgian and English)
  • Attachment MG6b - Final Progress Report (Georgian and English)
  • Attachment MG7 - Procurement Forms (Georgian and English)
  • Attachment MG8 - Withdrawal Application Form (Georgian and English)
  • Attachment MG9 - Financing Agreement (Georgian and English)
  • Decree № 1-1/244 of Minister of Economy and Sustainable development of Georgia
  • Instructions: Submission of application using Grants Portal
  • Attachment MG5 Applicant's Statement_GE&EN

Documents to be submitted

  • Application/Business Plan
  • MG3 - Project Budget template (Georgian and English)
  • MG4 - 5-year financial forecast (Georgian and English)
  • Business Registration Form issued by NAPR
  • Key staff CVs of existing personnel in and/or TORs (maximum 5)
  • Notification from the revenue services that the applicant is not a VAT payer or VAT declaration for the last twelve months