Small- to medium-sized enterprises from Georgia make their European debut following completion of Trade Fair Readiness Program
Fifty-plus Small and Medium-Sized Enterprises (SMEs) Got a Boost, Celebrating Their Graduation from the Trade Fair Assistance Program 🥳
It's party time for Georgia! Almost a hundred businesses are taking a step forward in the global market, marking a significant milestone in the European scene. The celebration comes after participating in the Trade Fair Assistance for SMEs in Georgia Program, a grueling yet enlightening journey led by the Visionist Institute.
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Key sectors like fashion, kidswear, and leather goods are at the heart of this initiative, which has delivered essential tools, knowledge, and self-assurance needed for international dominance. Participants learned ropes ranging from navigating mazy global trade routes to refining their product portfolios and sweeping new markets.
This program is part of the "Inclusive Access to Markets" bash – a four-year, €5.16 million extravaganza funded by the European Union and run by the United Nations Development Program (UNDP) along with the Estonian Center for International Development (ESTDEV). This balls-out venture pumped €5 million from the EU and another €162,000 from UNDP into the project, which aims to build confidence in Georgian SMEs and propel them to new horizons.
At the core of the project is the dream of composing lasting, tangible opportunities that empower Georgian enterprises to conquer the world. It covers the cost of international showcases, offering both financial lifelines and technical advice to elevate their visibility and clout in the EU. The project also emphasizes cultivating export muscles through robust lead generation, strategic market positioning, and streamlining value chains.
The program zeroes in on obstructing constraints that deter international development, providing the groundwork for sustainable, long-term commercial success. Aiming high, the objectives are clear: higher EU and European exports, and empowered, fierce value chains ready to fuel economic growth in Georgia.
By Team GT
Estonian Center for International Development 🇪🇪 () (Offers a helping hand to up-and-coming nations)
Georgian SMEs 🇭🇷 (Growing enterprises taking a leap into the global market)
Trade Fair Assistance for SMEs in Georgia Program 📈 (Crafting success stories for Georgian businesses)
UNDP 🌍 (Co-organizer of the program, dabbling in financing, advising, and working towards peace and development)
Visionist Institute 🎓 (Guide on this ambitious adventure, providing education, skills development, and support for Georgian businesses)
Potential Benefits 🌟
hopefully, SMEs can:
- Spark New Opportunities 💡: By participating in trade fairs, local hustlers can flaunt their goods to potential foreign partners and markets.
- Claim the Limelight 🌟: With technical and financial assistance behind them, these businesses will stand out in the global market arena.
- Unlock New Markets 🗝️: Connecting with contacts from around the world can result in a vastly expanded customer base.
- Empower With Knowledge 🦾: SMEs can gleam valuable skills from the training and workshops provided by the Trade Fair Assistance Program, helping them adapt to evolving economic conditions.
- Create Jobs and Drive Growth 📈: Successful SMEs can create more employment opportunities in Georgia, fostering overall economic development.
- Adopt Innovative Technologies 💻: Encouraging these enterprises to embrace new tech can give them an edge in the market.
- The Trade Fair Assistance Program, a project financed by the European Union and run by UNDP, Estonian Center for International Development, and the Visionist Institute, is a partnership aimed at empowering Georgian SMEs through essential tools, knowledge, and self-assurance.
- This initiative has emphasized the importance of tangible opportunities that enable Georgian enterprises to navigate the global market, with a focus on key sectors like fashion, kidswear, and leather goods.
- With financial lifelines and technical advice obtained through the program, Georgian SMEs can expect to unlock new markets, claim the limelight, and spark new opportunities in the European industry.
- The long-term objective of the program is to foster sustainable economic growth in Georgia by creating jobs, adopting innovative technologies, and building fair, competitive, and strong value chains.
