BAKU, Azerbaijan, Oct. 28
By Maryana Akhmedova – Trend:
Partnership Fund “Startup Georgia” in cooperation with USAID Growth in Georgia supported the opening of the “Eco Technology” charcoal production facility, Trend reports via Georgian media.
The enterprise will produce charcoal out of discarded hazelnut shells and will employ locals. The products will be distributed in the Georgian market in various trade networks and will be exported in the future.
Within the cooperation between the Partnership Fund “Startup Georgia” and the USAID Growth in Georgia project, five startup projects were funded in Georgia from 2019 through 2021, the investment of which amounted to more than 1.5 million Georgian lari ($474,506).
“We were able to create two enterprises that will bring more innovation and prosperity to the region to improve both the economic and social situation. At least 40 new jobs will be created,” the director of “Startup Georgia” Giorgi Lomidze said.
The goal of this partnership is to improve the economic situation of the population living in the villages, increase their income, and promote employment.
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