Georgia is a rapidly developing player in the global tech space, investing heavily in its innovations and technological advancement. Focused on fostering a thriving startup ecosystem, the country recognizes the potential of startups to contribute to economic activity and socioeconomic development. To support this growth, Georgia has established initiatives and programs aimed at nurturing innovative entrepreneurship. In this article, we have compiled a list of incubator and accelerator programs in Georgia, along with a short overview to help you find a suitable program!
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FULL LIST OF STARTUP INCUBATORS AND ACCELERATORS IN GEORGIA
Full list of ideation to launch stage startup incubators in Georgia:
Stage: Ideation - Launch
Who is it for: Aspiring entrepreneurs with an idea and seeking cofounder / Early startup with a team
Need to have an idea: Yes
Focus: Sector Agnostic
Impact Hub Tbilisi is a buzzing coworking space and community center in Tbilisi, Georgia. It is part of the worldwide Impact Hub network, which strives to foster collaboration and inspiration among entrepreneurs, startups, and social innovators. Impact Hub Tbilisi's community is made up of entrepreneurs, freelancers, activists, and professionals from many fields, resulting in a vibrant and enriching atmosphere.
Members of Impact Hub Tbilisi not only have access to first-rate facilities, but they also become part of a friendly and supportive community. The facility organizes a variety of events, workshops, and networking opportunities, providing numerous opportunities to learn, grow, and connect with others.
Stage: Ideation - Launch - Growth
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: Technology
Touch Platform is a pioneering organization in Georgia that focuses on offering programs and services to improve the lives of its community members. Touch Platform aspires to bridge the divide between rural and urban communities by emphasizing technology and connection, enabling equitable possibilities for all. Their initiatives aim to empower individuals via education, skill development, and resource access.
Touch Platform offers various entrepreneurship programs that equip individuals with the tools and information needed to establish their own businesses. Their incubator program provides a nurturing environment for startups to gain mentorship, guidance, and networking opportunities, while their accelerator programs are designed to accelerate the growth of established startups by providing intensive support, strategic guidance, and access to a large network of investors and industry experts.
Stage: Launch
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: Sector Agnostic
Startup Büro is an important contributor to Georgia's startup environment. Startup Büro works together with both the public and private sectors to plan and implement projects that promote the growth and success of the country's startups. Startup Büro organizes a variety of programs designed to nurture and accelerate the growth of companies; including hackathons and bootcamps, pre-acceleration and acceleration programs, trainings and workshops, and forums and conferences.
At the pre-acceleration program, Startup Büro assists budding entrepreneurs in refining their company concepts and developing a solid basis for their enterprises through mentoring and assistance. Once they've completed this phase, they are eligible for the acceleration program. At this stage, Startup Büro provides a more thorough and personalised approach to assisting entrepreneurs in scaling their companies. Startups receive specialized mentoring, access to an investor network, and assistance key areas to help them refine their plans, overcome obstacles, and achieve long-term success.
Stage: Launch
Who is it for: Early startup with a team
Need to have an idea: Yes
Focus: Technology
The 500 Global Accelerator Program in Georgia is part of the renowned 500 Startups Incubator. This program provides a one-of-a-kind opportunity for startups in the EECCA (Eastern Europe, Caucasus, and Central Asia) region to grow their businesses. The program seeks to provide complete assistance and guidance to entrepreneurs by allowing them to learn from experienced mentors who have successfully traversed the startup process themselves.
This Georgia accelerator program is intended to empower startups by providing them with the skills, expertise, and resources they need to survive in a competitive business environment. Successful applicants will gain access to mentorship, networking opportunities, and financial assistance, and may benefit from the experience and assistance of industry professionals; earning insights that will help fuel their growth and success.
Closing Thoughts on Startup Incubators and Accelerators in Georgia
Georgia's startup ecosystem is composed of a thriving cluster of technology-based companies with enormous potential for economic growth and development. Georgia benefits from startup-friendly rules, economical and accessible costs, and market access to Europe. However, Georgia's startup ecosystem confronts a number of hurdles, including a scarcity of skilled entrepreneurs, a small consumer market, and a dearth of private venture capital. To overcome these barriers and create successful companies, the ecosystem requires a more concerted effort from both private and public parties. These startup incubators and accelerator programs are a start, but it would be imperative for more startup support organizations to become more prevalent for Georgia to develop its startup ecosystem.