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Economic Growth

Language: English | Georgian

USAID’s programs in Georgia aim to foster inclusive and sustainable economic growth in the country through improved economic governance, increased competitiveness and employment, responsible management of Georgia’s natural endowments, increased access to quality education, investments in energy and infrastructure, and support for gender equality and women’s empowerment.

While Georgia has significant economic advantages, a strategic regional geographic location, proximity to international markets, and vast natural resources, the country has faced some challenges in transitioning from a state-controlled to a market-based economy.  Recognizing the importance of overcoming these challenges, USAID’s activities in Georgia support the underlying systems that will sustain the country's growth and help Georgia prosper in the global marketplace.

Current programs:

The ZRDA activity in Georgia
Mar 2016 – Mar 2021
Chemonics International Inc.

The USAID Zrda Activity promotes inclusive and sustainable economic growth in target regions by promoting Micro, Small, and Medium Enterprises (MSMEs) growth, increasing productivity of rural households, facilitating market linkages between producers and buyers, and promoting local economic development by establishing and strengthening networks. Zrda works in 81 communities in proximity to the administrative boundary lines and communities with ethnic minority popula­tions. Activity will create 2,400 jobs, increase sales for 800 MSMEs, increase incomes of 13,200 households, and generate measurable improvements in community resilience and economic conditions.   

Georgia Hazelnut Improvement Project (G-HIP) 
Dec 2015 – Dec 2020
Cultivating New Frontiers in Agriculture (CNFA)

G-HIP will be implemented as a public-private Alliance between USAID, Ferrero and CNFA that leverages the technical and financial resources of each partner to broaden, deepen and advance the public and private sectors development of the hazelnut sector. G-HIP will be co-created, co-developed and co-implemented by the Alliance. The G-HIP Alliance will utilize market based approaches and solutions to advance USAID’s development priorities by increasing the quality and quantity of Georgian hazelnut production, improving processing capabilities and establishing market linkages that will allow smallholder growers to reach lucrative end markets.

Supporting Youth Entrepreneurial Skills for Advancing Employability and Income Generation in Georgia
Sep 2015 – Apr 2021
Crystal Fund
The program  represents a targeted public-private partnership that builds institutional frameworks and models facilitating greater economic participation of youth through increased opportunities for self-employment by starting enterprises and for employment in established companies. The activity seeks to broaden economic opportunities for youth in Georgia, encouraging innovation and entrepreneurship, and enhancing young women and men’s employability in growth areas. This will  provide them with greater confidence, role models and vision for their active economic participation which will,  in general,  foster economic growth in Georgia and contribute to the overall developmental goals of the country.

The USAID Agriculture Program
Sep 2018 - Sep 2023
Cultivating New Frontiers in Agriculture (CNFA)

The USAID Agriculture Program will accelerate growth of agricultural sub-sectors that show strong potential to create jobs and increase enterprises' revenues, including the production and processing of fruits, vegetables, herbs, and other high-value horticultural products. The program will achieve these goals by increasing productivity and productive capacity; building capacity to add value through processing, storage, and other techniques to meet international standards and certifications; strengthening linkages within agricultural value chains as well as to new markets; strengthening the capacity of cooperatives, extension and other service providers, associations, and other relevant organizations.

The USAID Economic Security Program
April 2019 - April 2024
DAI Global                                                   

The purpose of the USAID Economic Security Program is to accelerate broad-based growth of sectors outside of agriculture that show strong potential to create jobs; increase incomes; raise micro, small, and medium enterprise (MSME) revenues; and support diversification to more productive economic activities, including tourism and up to three additional sectors. The program will create at least 4,000 new jobs, support at least 600 MSMEs, increase sales of assisted enterprises by $50 million, and leverage $15 million through partnerships.

Development Credit Authority – Loan Portfolio Guarantee
Sep 2015 – Sep 2022
TBC Bank

USAID extended a Development Credit Authority (DCA) loan portfolio guarantee to TBC Bank to make commercial credit of up to $15 million available to private agribusinesses in Georgia, thereby stimulating economic growth.

Last updated: November 13, 2019

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