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Home » About Us:
Vision The SME Support Project is ready to work with and support those who show a willingness and ability to invigorate the business climate in this country, press for more changes ahead and promote a positive change in the way people regard and value entrepreneurship in this country. This will create new employment opportunities for the people of Georgia and prosperity for the country.
Who We Are The SME Support Project is an IESC implemented four-year USAID program that supports the growth and development of small and medium-sized enterprises (SMEs) in Georgia. The Project plans to strengthen the public-private dialogue to improve the business climate for SMEs in Georgia and jointly resolve the issues impeding robust economic growth.
What We Do In order for Georgia to reap real economic benefits from a thriving SME and rural business sector, the country needs to take steps to improve the business climate, build a strong entrepreneurial culture, and continually improve quality standards within the business community. In this realm, the mandate of the Project is to increase the rate of development and growth of small and medium-sized enterprises (SMEs) and to create new jobs for the Georgian citizens. With this aim in view, the Project is focused on the following initiatives:
- Increasing access to finance for SMEs through USAID’s Development Credit Authority (DCA) and developing other solutions for lenders;
- Setting up the Georgian Bank Training Center;
- Assistance to NBG in developing a Reserve Requirements Strategy that may lead to additional funds available for the SME sector;
- Strengthening MFIs to provide important and needed services to small businesses;
- Technical assistance and training for financial institutions and SME/agribusiness borrowers;
- Developing Business Consulting Network Georgia for SMEs in Tbilisi and regions to strengthen their capacity and encourage their expansion;
- Diversified assistance aimed at sustainable tourism development in Georgia;
- Promoting public-private dialogue;
- Assistance to Business Associations, Educational Organizations, and Other Institutions to Support Expanded Skills and Entrepreneurship.
About IESC | David Rockefeller
IESC was founded in 1964 by David Rockefeller and other distinguished Americans as a private, not-for-profit organization using private sector volunteers to assist economic growth around the world. Today, IESC is a professional economic development organization that relies on a variety of resources to fulfill its mission - including volunteer experts, professional staff and strategic partners. Since its founding in 1964, IESC has completed more than 24,000 technical and managerial assistance consultancies in more than 120 countries and implements complex development programs across every economic sector - public and private.
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- Georgian IT Innovation Conference 2009 Opens in Tbilisi
- U.S. Ambassador to Georgia John R. Bass and Prime Minister of Georgia Nika Gilauri opened the 2009 Georgia Information Technology (IT) Innovation Conference on October 29, 2009..
- SME Support Project to Ease Transition and Reintegration of IDPs
- On October 28, 2009 the USAID’s SME Support Project in partnership with the Ministry for Refugees and Resettlement and Mtskheta-Mtianeti authorities hosted the presentation of the projects implemented in the IDP settlement of Tserovani..
- Import Substitution on the Way to Encouraging Domestic Production
- On November 3, 2009, USAID’s SME Support Project and Policy and Management Consulting Group in partnership with the Ministry of Economic Development ahosted the Made in Georgia Workshop, a one day import substitution promotional event
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