State projects
Program for promotion of entrepreneurial activity in mountainous regions
The purpose of the program for promotion of entrepreneurial activity in mountainous regions is to support the development of private sector and creation of new jobs, stimulation of growth of young entrepreneurs and economic activities in mountainous regions through co-financing.
The aim of the program is the sustainable development of both agricultural and nonagricultural sectors in mountainous settlements and diversification of local economics.
The program envisages the promotion of new entrepreneurial activities in mountainous settlements of Georgia.
Both, agricultural and nonagricultural entrepreneurial activities will be financed within the scopes of the Program, providing the purchase/creation of permanent assets (purchase and installation of machinery / equipment and construction / repair works of facilities) and financing of specialized types of vehicles needed for production.
Program is being implemented in mountainous settlements of Georgia. (Mountainous settlements are determined in accordance with the Resolution N 671 of the Government of Georgia from December 30, 2015 year on “Approval of the list of mountainous settlements”).