A unique opportunity is on offer for innovative Georgian startups to create a technological product or service for the US market and receive significant support and funding for it.
The project is being implemented by the Georgian venture fund and accelerator FUTURELAB, founded by Irakli Kashibadze. In 2014, Kashibadze initiated the creation of the Georgian Innovation and Technology Agency (GITA), and also launched the GITA grant program for startups, with the involvement of Silicon Valley specialists.
In its latest project, FUTURELAB, with partners in the private sector, will help 50 Georgian teams to test innovative startup ideas for the US market and to make an initial prototype. The venture fund and accelerator www.futurelab.ge will allocate 10,000 GEL to each team for this process if selected.
In addition to funding, teams will have the chance to participate in a three-month acceleration program with specialists from Silicon Valley, UC Berkeley, Stanford/StartX, and others.
In addition to funding and an educational program, teams will gain access to regional and global venture funds, industry partners, and research resources.
By Mariam Mtivlishvili
