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. The natural persons can also submit the application, however If selected, they will be requested to register the legal business unit after the business idea evaluation process is completed, before the business plan is submitted to the grants portal.
The financing to be awarded by GITA through Startup Matching Grants could cover a maximum up to GEL 150’000 of the total approved Applicant’s project budget for a nine-months project. A minimum of 10 percent of the requested grant amount 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 business ideas is March 1, 2023