Greennovation BOOST is currently underway in Georgia, supporting micro, small, and medium-sized enterprises (MSMEs) in Poti and Khobi as they develop green and digital transformation projects.
The 16-week acceleration program and innovation challenge is supported by the United Nations Development Program and the Government of Denmark under the Greening the Future initiative, and implemented by the PMC Research Centre. The initiative helps businesses turn innovative ideas into practical solutions through a combination of funding, mentorship, and structured training.
Following an open call launched in November 2025, 53 proposals were submitted and evaluated by independent experts. Twenty companies were selected for the acceleration phase, which runs from March to June 2026. The selection reflects a competitive process aimed at identifying scalable, impact-oriented solutions across priority sectors.
The participating enterprises are grouped into seven areas of innovation: agri-tech and precision agriculture, cleantech and circular economy, digital platforms and services, logistics and transport, e-commerce, entrepreneurship education, and mobility. Projects include AI-based crop forecasting, IoT biogas systems converting farm waste into energy, smart recycling and e-waste collection systems, digital platforms connecting workers with employers, AI-powered logistics and freight optimization tools, and ride-sharing solutions designed to expand electric vehicle use.
The program combines expert-led training, mentorship, and Business Talks to support participants in refining and scaling their business models. A dedicated field and practical learning component is also included to help entrepreneurs apply tools and methods in real operational settings.
The Business Talks series includes three thematic sessions. The first, held on April 15, 2026, brought together experienced Georgian startup founders in partnership with Axel to discuss entrepreneurial journeys, challenges, funding, and growth strategies. The second will focus on financial sector engagement, with banks and microfinance institutions presenting funding instruments available to SMEs. The third will explore global scaling opportunities, featuring international accelerators such as Plug and Play and 500 Global.
The program will conclude with a Pitch Day, where up to ten enterprises will receive innovation challenge awards ranging from 10,000 to 25,000 US dollars. Winning companies will continue to receive mentoring and monitoring from PMC Research Center throughout the implementation cycle of their projects.
Organizers say Greennovation BOOST is designed to strengthen regional entrepreneurship in Poti and Khobi by accelerating green innovation, improving business competitiveness, and supporting long-term sustainable economic development.
Source: UNDP
