Business Development Initiative

Name: Business Development Initiative

Implementation period: 2009-2011

Implementation area: Imereti Region

Donors/Partners:

  1. Mi-so Credo
  2. World Vision Georgia

 

Objective: To support small and medium-sized agro-business start-ups especially those led by socially vulnerable and underprivileged people, and those who cannot access credit services offered by the bank and microfinance sector

Target group(s): Private sector

Beneficiaries: Socially underprivileged youth, start-up entrepreneurs

Conducted activities: More than 450 young people underwent business training including consultation on business plan preparation

Achieved results:

  1. 2 small-sized  businesses were established in Imereti
  2. 103 business plans were funded
  3. 20 representatives of local businesses received cheaper loans

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