The Bank of Georgia has entered into a strategic partnership with TelAgri, a leading agro-technological platform, to promote sustainable growth and innovation in Georgia’s agricultural sector. A Memorandum of Understanding (MoU) has been signed to formalize their collaboration.
This initiative aims to enhance agribusiness development through data-driven insights, industry research, and innovative service offerings tailored to the needs of farmers and agricultural entrepreneurs.
Key Areas of Collaboration
Industrial Research & Market Analysis
Joint studies will cover quarterly and annual trends, value chain assessments, consumption patterns, forecasting, and agrotechnical innovations.
Perennial Crop Portfolio Development
The partnership will support awareness campaigns, custom product and service offerings, and the creation of practical guides and manuals incorporating international best practices.
Public Engagement & Capacity Building
The two organizations will co-host field visits, training sessions, and stakeholder meetings to foster knowledge exchange and community involvement.
“Supporting the agribusiness sector has long been a strategic priority for the Bank of Georgia. Our collaboration with TelAgri will not only reduce sectoral risks but also foster a stronger culture of data-driven decision-making. This is a step toward long-term value creation for farmers and agribusinesses,” said Vakhtang Silagadze, Agribusiness Development Manager at the Bank of Georgia.
“At TelAgri, we believe actionable data is the key to modern, profitable farming. Our platform empowers farmers with real-time insights while enabling banks to make more informed lending decisions. This partnership will help elevate industry standards and better address the unique needs of different regions and crops,” said Irakli Chikava, Co-Founder and CEO of TelAgri.
Accordig to Chikava, this collaboration is set to deliver measurable improvements in efficiency, sustainability, and profitability for Georgia’s agricultural sector—bridging the gap between technology, finance, and on-the-ground farming expertise.