The EU4Business-EBRD Credit Line is a flexible program that can essentially support almost any modernization project supporting Georgia businesses reach compliance.
The DCFTA is part of a broader European Union driven ‘EU4Business initiative’, which is supporting open market access for countries like Georgia. As legislation is harmonised in Georgia, Georgia businesses will increasingly be able use their relatively low cost base to compete successfully with other companies for the large EU and regional markets.
However, most will first have to update their processes and invest in efficient modern equipment to align with EU standards. The aim of the EU4Business-EBRD Credit Line is to facilitate access to financing of technologies that will help companies to achieve international production standards, improve their competitiveness and increase their profitability.
Three specifically tailored project types can be financed, supporting the diverse investment needs of SMEs in Georgia. Please click on the Icons below to see the detailed information on each project type:
Some projects only require the upgrade of a standard piece of equipment. For this type of investment, we have developed the List of Eligible Technologies (LET) that can be financed directly by our Partner Financing Institutions with financing up to the equivalent of EUR 300,000. A 10% grant is available upon successful verification of the project’s implementation.
Fast track procedures are in place for smaller loans of up to EUR 300,000 for investments in improving product quality and safety of the agriculture and food processing sectors. The project consultant simply checks the investment plan to ensure it complies with the very straightforward eligibility requirements. A 15% grant is available upon verification of the project’s successful implementation.
Loans of up to EUR 3 million are available for (almost) any modernization project in any industrial or service sector. Investments requiring a more complete technical and financial evaluation can benefit from free technical assistance to optimize the investment plan and to prepare a business plan. A 15% grant is available upon successful verification of the project’s implementation.