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Supporting Intellectual Property Rights Reform in Ukraine

20-Nov-2018

Supporting Intellectual Property Rights Reform in Ukraine

We are collaborating with the Ministry of Economic Development and Trade of Ukraine (MoEDT) to implement reforms to the state management of intellectual property (IP) rights.The main aim of the project is to enhance Ukraine’s performance in managing IP and to develop a ...

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Better Skills for Better Jobs – Developing Employment and Vocational Education System in Georgia

16-Nov-2018

Better Skills for Better Jobs – Developing Employment and Vocational Education System in Georgia

On November 15, the Delegation of the European Union to Georgia and the Government of Georgia summarized four years of cooperation aimed at developing the Employment and Vocational Education and Training (EVET) system in Georgia.The summary focused on highlighting the a...

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Sharing Georgia’s Successful Reforms with Ukrainian Delegation

14-Nov-2018

Sharing Georgia’s Successful Reforms with Ukrainian Delegation

On November 9, David Lezhava, Public Policy Sector Director at PMCG, delivered a presentation and shared Georgia’s experience of introducing economic reforms and innovations in the public sector to a delegation from Ukraine. “The focus was placed on the continuous and c...

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Chinese Academy for Fiscal Sciences Set for Cooperation with Tbilisi State University and Academy of the Ministry of Finance of Georgia

13-Nov-2018

Chinese Academy for Fiscal Sciences Set for Cooperation with Tbilisi State University and Academy of the Ministry of Finance of Georgia

On November 6, PMC Research organized a meeting between the Chinese Academy of Fiscal Sciences (CAFS) and Tbilisi State University (TSU), with the aim of introducing these two institutions to each other and discussing collaboration opportunities. As a result of the meet...

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PMCG Shortlisted to Support Tajikistan and Kyrgyz Republic to Improve Municipal Infrastructure

12-Nov-2018

PMCG Shortlisted to Support Tajikistan and Kyrgyz Republic to Improve Municipal Infrastructure

We are pleased to announce that we have been shortlisted by the European Bank for Reconstruction and Development (EBRD), as part of a consortium led by HPC AG, to implement its Municipal Infrastructure Programme in the Republic of Tajikistan and the Kyrgyz Republic.Our ...

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Hosting Delegation from China to Start Collaboration

08-Nov-2018

Hosting Delegation from China to Start Collaboration

On November 6-7, PMC Research hosted a delegation from China, comprising high-ranking officials from the Chinese Academy for Fiscal Sciences (CAFS). The aim of the visit was to discuss the prospects of future collaboration between the two institutions.During the meeting...

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Azerbaijan and Kazakhstan Make Significant Progress in the World Bank’s Doing Business Ranking 2019

05-Nov-2018

Azerbaijan and Kazakhstan Make Significant Progress in the World Bank’s Doing Business Ranking 2019

We congratulate the Governments of Azerbaijan and Kazakhstan with their countries’ substantial improvements in the World Bank’s Doing Business Ranking 2019. Azerbaijan has moved from 57th place in 2018 to 25th place, and is among the ten economies to have made the ...

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Georgia Rises to 6th Place in the World Bank’s Doing Business Ranking 2019

02-Nov-2018

Georgia Rises to 6th Place in the World Bank’s Doing Business Ranking 2019

We are pleased to share the news that Georgia has recorded an impressive rise in the World Bank’s Doing Business Ranking 2019. We would like to congratulate the Government of Georgia (GoG) on this success. In addition, we are glad to have played a part in this progress ...

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Assessing Safety of Sioni and Algeti Dams

01-Nov-2018

Assessing Safety of Sioni and Algeti Dams

  We recently launched a new project aiming to assess two dams in the Kakheti and Kvemo Kartli regions of Georgia. PMCG, as part of a consortium led by Temelsu, will assist state-owned company Georgian Amelioration LTD, which is under the supervision of the Minist...

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Campaign to Raise Awareness about EU Activities Aiming to Support Employment, Vocational Education and Training

29-Oct-2018

Campaign to Raise Awareness about EU Activities Aiming to Support Employment, Vocational Education and Training

We recently took part in an information campaign about the initiatives of the European Union (EU) to support employment and vocational education and training (EVET) sectors.As part of the campaign, PMCG, together with representatives of the Ministry of Education and Sci...

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PUBLICATIONS

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Hotel Price Index (October, 2018)

21-Nov-2018

Hotel Price Index (October, 2018)

In October 2018, compared to October 2017, in Georgia the hotel price index increased by 7.2%; In October 2018, compared to October 2017, the daily rates for standard double hotel rooms increased the most in Adjara (22.7%) and Samtskhe-Javakheti (17.9%); In October 2018...

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Hotel Price Index (September, 2018)

15-Oct-2018

Hotel Price Index (September, 2018)

During October 2017 – September 2018 period, in Tbilisi the highest average prices of a room in a 3* and 4* hotels were recorded in December 2017, respectively 165 GEL and 293 GEL, the lowest prices were recorded in February 2018, respectively 124 GEL and 214 GEL. In September...

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Hotel Price Index (August, 2018)

17-Sep-2018

Hotel Price Index (August, 2018)

In August 2018, the hotel price index increased only by 0.01% compared to July 2018; In August 2018, the daily rates for standard double hotel rooms increased the most in Guria (7.6%), while the hotel prices decreased mostly in Samtskhe-Javakheti (-1.6%); In August 2018, the ...

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Leveraging SME Finance through Value Chains in Georgia

02-Jul-2018
Start Date:
May, 2018
End Date: March, 2019
Region: Caucasus
Country: Georgia
Client:

Asian Development Bank (ADB), Asian Development Bank Institute (ADBI), CAREC Institute (CI)

Origin of Funding:

ADB, ADBI, CI






 

 




Project Description:

 

The aim of the research is to study the challenges facing SMEs in Georgia in terms of access to finance, which will be conducted as part of the project “Leveraging SME Finance through Value Chains in Georgia”, supported by the Asian Development Bank (ADB), the Asian Development Bank Institute (ADBI) and the CAREC Institute (CI).

The paper will be included in the ADBI’s and CI’s working papers and will be published as a separate chapter in a book jointly published by the ADB, the ADB and the CI.

The research conducted by PMC Research will be focused on:

  • Studying the status of SME finance in Georgia.
  • Identifying barriers to SME finance in Georgia, including cultural, procedural, institutional and regulatory incentives/disincentives faced by SMEs seeking to access finance and the reasons behind such access being blocked or rejected.
  • Assessing the status of the financial knowledge and skills of SME managers in Georgia. 
  • Assessing the status of domestic and global value chains in Georgia.
  • Assessing the opportunities of SMEs in Georgia to link with both domestic and global value chains and the potential impact of this on their access to finance. 
  • Analyzing value chain financing in Georgia and policies promoting SME finance.


Based on the study results, the PMC Research team will elaborate policy recommendations to promote greater access to finance for SMEs and trade finance in Georgia, especially in agri-business, taking into account best global practices and with the aim of increasing the level of financial knowledge and skills of SME managers.

 


 

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