23.Jun .2022 12:00

To Date, We Have Invested GEL 26 MLN In Georgian Startups - PM

To Date, We Have Invested GEL 26 MLN In Georgian Startups - PM
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We have started a project together with the World Bank and have invested GEL 26 million in Georgian startups, - the Prime Minister of Georgia Irakli Gharibashvili said in response to questions from MPs during the presentation of the annual report.

According to the Prime Minister, these startups attracted more than GEL 300 million investment last year and their income has exceeded GEL 30 million in the last 12 months.

"We started the project together with the World Bank and have invested GEL 26 million in Georgian startups so far. Last year, these startups attracted more than GEL 300 million in investment, and their revenue has exceeded GEL 30 million in the last 12 months. This fact proves that the state and the government help businesses and startups properly.

I would also like to tell you that we are implementing unprecedented training programs in the IT sector. 3000 specialists are currently being trained. This year we want to start training 5000 IT specialists. It will be a large-scale program and we need to increase the scale even more," said the Prime Minister.