A new high-tech facility recently opened in Georgia’s capital Tbilisi with objective to support the country’s young creative thinkers as they attempt to utilize their entrepreneurial talents and innovative potential.
Georgia’s first High Technology and Innovation Development Centre is a project carried out by Georgia's Innovation and Technology Agency (GITA) of the Ministry of Economy. CIIP, through its Competitiveness and Innovation Project has been providing critical technical assistance to GITA since its establishment.
The modern new complex, located in Okrokhana, Tbilisi’s recreation area near Mtatsminda Park, will provide technological and other resources for start-ups and small-sized companies that have not been available for them before. The new facility will consist of small incubators as well as educational centers and laboratories, large offices for companies, co-working spaces, conference rooms, recreational areas and much more.
It is expected that it will play an important role in supporting new small businesses, helping with current business development, as well as in commercialization of innovations and creation of new high-paid jobs. The Technology Park also aims to encourage creation of local branches of international companies, and help attract foreign investments more general.
Indicating strong government support for the initiative, Georgia’s Prime Minister Giorgi Kvirikashvili attended the Technology Park opening ceremony, along with the Vice Prime Minister and Minister of Economy.