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Supporting Georgian MSMEs to Attract Funds for Development

07-Aug-2019

Supporting Georgian MSMEs to Attract Funds for Development

We are collaborating with Georgia’s Innovation and Technology Agency (GITA) in order to promote innovative activities among micro, small and medium-sized enterprises (MSMEs) in Georgia and to enhance their participation in the digital economy.With this in mind, the Inno...

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Discussing Challenges and Opportunities of Migration Management

07-Aug-2019

Discussing Challenges and Opportunities of Migration Management

On July 30, PMCG and the Secretariat of the State Commission on Migration Issues (SCMI) hosted an event to present and discuss a new book entitled “Migration Management - From International Practice to Georgian Model.” The book’s author is George Jashi and has been publ...

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Introducing Performance Monitoring and Evaluation Systems (PMESs) in Georgian Municipalities

01-Aug-2019

Introducing Performance Monitoring and Evaluation Systems (PMESs) in Georgian Municipalities

During June and July, PMC Research visited Lagodekhi, Ambrolauri, Marneuli, Mtskheta, Gori, Akhaltsikhe, Zugdidi, Lanchkhuti, Batumi and Kutaisi municipalities as part of the EU project - “Networking for Efficiency and Development (N4ED) – a News Modality for Effective ...

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Advancing Communication Capacity of LAG Members

31-Jul-2019

Advancing Communication Capacity of LAG Members

On July 22-26, a training module was conducted for potential members of the local action group (LAG) Mestia in order to enhance their communication skills through social media. Since LAG members actively communicate with various groups, including local government offici...

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Collaborating with Ministry of Economic Development and Trade of Ukraine to Implement IP Rights Reform

26-Jul-2019

Collaborating with Ministry of Economic Development and Trade of Ukraine to Implement IP Rights Reform

PMCG, as part of a consortium led by PricewaterhouseCoopers LLP UK (PwC), has successfully completed collaboration with the Ministry of Economic Development and Trade of Ukraine (MoEDT) in order to implement intellectual property (IP) rights reform under a UK Government...

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Letter of Condolence

25-Jul-2019

Letter of Condolence

We are deeply saddened by the death of Mr. Roy Southworth, an outstanding professional in the field of international development and member of PMCG’s Board.His experience, wisdom and knowledge gave us the confidence and direction for PMCG to develop.As a country manager...

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Our Research on Status of SME Finance in Georgia Published by Asian Development Bank Institute (ADBI)

24-Jul-2019

Our Research on Status of SME Finance in Georgia Published by Asian Development Bank Institute (ADBI)

The Asian Development Bank Institute (ADBI) recently included PMC Research’s paper “Leveraging Small and Medium-Sized Enterprise Finance Through Value Chains in Georgia” in its working papers.The main objective of the study was to examine the challenges facing small and...

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Welcoming Our New Consultant in Water, Wastewater and Solid Waste Management

22-Jul-2019

Welcoming Our New Consultant in Water, Wastewater and Solid Waste Management

We are pleased to announce that Mr. Zurab Jikia, a high-profile professional with sound experience in water infrastructure management, has joined our team.We extend a warm welcome to Mr. Jikia, whose areas of expertise include managing and coordinating components of pro...

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Supporting Water Policy Reform in Georgia

17-Jul-2019

Supporting Water Policy Reform in Georgia

We are collaborating with the Ministry of Regional Development and Infrastructure (MRDI) in order to enhance water and wastewater management system decentralization in Guria and Mtskheta-Mtianeti regions.More specifically, PMCG will collect primary and secondary data re...

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Analyzing the Diversification of the Rural Economy in Georgia

16-Jul-2019

Analyzing the Diversification of the Rural Economy in Georgia

At the end of June and the beginning of July, PMC Research conducted three presentations and public discussions on the outcomes of the policy brief “Diversification of Rural Economy in Georgia” in Mtskheta, Tkibuli, and Batumi.The main goal of the research was to study ...

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PUBLICATIONS

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Hotel Price Index (June, 2019)

22-Jul-2019

Hotel Price Index (June, 2019)

In Georgia, the average cost of a room in a 3-star hotel was 137 GEL per night in June 2019. While the average cost of a room in a 4-star hotel in Georgia was 232 GEL per night and the average cost of a room in a guesthouse was 76 GEL per night. The average cost of a room in a 5-...

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Hotel Price Index (May, 2019)

21-Jun-2019

Hotel Price Index (May, 2019)

In Georgia, the average cost of a room1 in a 3-star hotel was 128 GEL per night in May 2019. While the average cost of a room in a 4-star hotel in Georgia was 219 GEL per night and the average cost of a room in a guesthouse2 was 76 GEL per night. The average cost of a room in a ...

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Hotel Price Index (April, 2019)

27-May-2019

Hotel Price Index (April, 2019)

In Georgia, the average cost of a room in a 3-star hotel was 123 GEL per night in April 2019. While the average cost of a room in a 4-star hotel in Georgia was 215 GEL per night and the average cost of a room in a guesthouse was 70 GEL per night.The average cost of a room in a 5-...

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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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