Applications open for Start-up Matching Grants Programme in Georgia
Date: 26/11/20
Georgia’s Innovation and Technology Agency (GITA), a special public entity established to facilitate innovation ecosystem, has announced a Call for Proposals for its Start-up Matching Grants Programme.
The deadline for submission of proposals is 28 December 2020.
The objective of the programme is to stimulate innovation and creation of innovative enterprises in the Georgian economy through the development/adoption and commercialisation of Innovative products and services with the potential for internationalisation.
The Start-up Matching Grants programme is defined as small matching grants to early-stage private and small enterprises incorporated in Georgia within the last two years. Natural persons can also submit an 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 the Start-up 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.
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