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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.   

Governing for Growth in Georgia (G4G) Activity
Aug 2014 – Aug 2019
Deloitte Consulting LLP

The purpose of the G4G activity is to improve Georgia’s economic governance and leadership in the areas of the business enabling environment, water resource management, an energy trading mechanism and Georgia’s Electricity Market Model of 2015. G4G will strengthen the capacity of Government of Georgia (GOG) institutions to develop, implement, and enforce reforms, and develop the capacity of private sector and civil society actors to engage the GOG on the development, implementation, and enforcement of reforms. Key to the success of G4G will be supporting inclusive and constructive dialogue among government, private sector, and civil society stakeholders.

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 
http://www.crystalfund.ge
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.

Introducing EU Phytosanitary Standards to Georgia                                   
Sep 2017 - Apr 2019
People In Need (PIN)                                                                                                           

This project is jointly funded by USAID and Czech Development Agency under the Emerging Donor Challenge Fund. The implementation of the project will be done through a joint cooperation between the Czech NGO, People in Need (PIN) and the Czech Institute for Supervising and Testing in Agriculture (CISTA). Utilizing the combined expertise of PIN and CISTA, the project will increase the institutional capacity of the National Food Agency (NFA), who is in charge of the phytosanitary for Georgia, and support the implementation of new phytosanitary standards and procedures across all regions of Georgia. The outreach component will be split into two phases, the first one focusing on the regions and value chains the most affected by the new requirements, while the second phase will scale up to cover the whole territory of Georgia.

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

www.tbcbank.ge
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: February 11, 2019

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