MINISTRY OF ECONOMY
AND SUSTAINABLE DEVELOPMENT
OF GEORGIA

The Minister of Economy and Sustainable Development of Georgia, Natia Turnava, and the Chairman of the Government of the Autonomous Republic of Adjara, Tornike Rizhvadze, opened a new tech park of the Georgian Innovation and Technology Agency (GITA).

The opening ceremony was attended by GITA Director, Avtandil Kasradze, and Deputy Economy Minister, Irakli Nadareishvili. 
The project was implemented with the financial support of the Adjara Autonomous Republic and the World Bank (WB).

As noted by Natia Turnava, Batumi Tech Park will serve both local and visitor young people, who plan to deepen knowledge in innovations and technologies and become more competitive.

 “In general, our Government prioritizes the education field and spends essential resources on educational projects. Innovations and Technologies, IT development, programming, startups represent a separate field that we assist with special care. Our Government has recently granted tax preferences to IT companies with the status of an international company. Subsequently, major IT companies are coming to Georgia to employ our talented and creative citizens. Thus, it is very important to open similar tech parks in Georgia. This is a new center of knowledge and a place for young people to get innovative education,” - Natia Turnava stated.

Batumi Tech Park represents the Universal Laboratory of Industrial Innovation (Fablab) - with the latest equipment. The laboratory space staffed with highly qualified specialists will assist stakeholders in modeling and prototyping.

The tech park combines a training center and a common workspace (co-working) for startups and the so-called „freelancers“, where it is possible, under certain conditions, to get a job in order to develop personal ideas or startup. The space is equipped with all the conditions that contribute to the startup development.