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This project supports the growth of small and medium enterprises in the Republic of Georgia. By strengthening communjcaiton and cooperation between trengthenspublic-private dialogue to improve the business climate for SMEs in Georgia and jointly resolve the issues impeding robust economic growth. Services and Assistance Drawing on IESC’s knowledge of best practices and the business skills of its Volunteer Experts, the SME Support Project provides training and technical assistance to Georgia’s private sector, commercial banks and non-bank financial institutions to meet local demand for long-term financing for SMEs. The program has created an environment that will lead to stronger banking institutions in Georgia. Additionally, the program provides technical assistance to business associations to help develop self-certification programs for personnel, processes, and products in their industries. It also assists business associations’ efforts to engage various levels of the Georgian government on local and national development strategies, tax regimes, administrative reforms, and other points of interaction to create a more favorable business environment. Initiatives include:
Project Duration: 2005-2009
Award: $9.3 million