Innovative busuness – „start-up georgia” at the present stage

At the present stage, the formation of start-up and promotion of beginner enterprises is an important factor for developing innovative economic. The aim of the program in our country is to support those young generations who can think innovatively and have entrepreneurship ideas to receive high-level international practical knowledge and this in future will help them to format companies of global importance. Beginner (start-up) enterprisers, who do not have sufficient funds to start or develop the business, they are given the chance to transform their ideas into concrete business. The government initiates to support the program of beginner enterprises, jointly with the Partnership Foundation and The Innovative and Technology agency. Nowadays, Georgia has 70 winners in the innovative and high technological component. The authors of the projects are working on to develop their ideas. The main criteria of the evaluation were considered the quality of innovation, the potential of entering the global market, attractive products for venture investment, the competence of the team and etc.