Georgia’s Innovation and Technology Agency is pleased to announce second stage of the Call for Proposals for Startup Matching Grants Program.
Only 150 applicants who were selected at the stage of business idea evaluation have the right to participate in the competition.
The objective of the Startup Matching Grants Program is to stimulate the creation of innovative and high-tech products and services in Georgia with the potential of scalability in the global market.
The eligible applicant of the Program can be a business entity, incorporated under the applicable/current Entrepreneurs Law of Georgia, registered at the National Agency of Public Registry (NAPR). 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 150’000 of the total approved Applicant’s project budget for a nine-months 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 April 8, 2024