The Prime Minister of Georgia said supporting an innovative ecosystem was his Government’s priority, and this was the purpose of the reforms implemented in this direction.

“A legislative package had been prepared to introduce a 0% tax regime for all Georgian innovative startups for their first 3 years.

We have an ambitious goal for Georgia to become a regional leader in technology and innovation, which means further development in all areas and increased investment from around the world. A legislative package has been prepared, introducing a zero percent tax regime for all Georgian innovative startups for their first three years.

A Georgian technology hub would soon open in Silicon Valley, providing support to Georgian startups and connecting them with major venture funds and tech giants.

I am confident that Georgia would lead technology development in the region, with the Kutaisi Technology Hub playing a key role in this vision.

I’d like to share some important news, a Georgian technology hub will soon open in San Francisco, in Silicon Valley. This hub will further support Georgian startups in their development and serve as a bridge between Georgian startups, leading venture funds, and tech giants.

I am confident that Georgia will become a leader in technology development across the wider region, with the Kutaisi Technology Hub playing a significant role in this process”, - said Irakli Kobakhidze at the presentation of the Kutaisi Technology Hub concept.