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Georgia's Innovation and Technology Agency

Full company profile

uuid000u5xh

Namestring
Georgia's Innovation and Technology Agency
Legal namestring
Georgia's Innovation and Technology Agency
Websiteurl
gita.gov.ge
Company typeenum
Private
Founded yearint
2016
Descriptiontext

Georgia's Innovation and Technology Agency (GITA) is a state legal entity under public law, established to implement Georgia's national innovation policy under the Ministry of Economy and Sustainable Development. The agency operates a network of 9 regional technoparks across Georgia (Tbilisi, Batumi, Kaspi, Gurjaani, Telavi, Akhmeta, Zugdidi, Ozurgeti, and Senaki), each providing coworking spaces, event venues, and FabLab facilities equipped with industrial prototyping equipment including AnyCubic Vyper and Ultimaker S3 3D printers, EinScan Pro 2X Plus 3D scanners, RIWIN RW1390 laser cutters, CNC routers, and PCB prototyping tools.

GITA's core services span the startup lifecycle: pre-acceleration, acceleration through partnerships with 500 Global, Startupbootcamp, Plug and Play, and Founder Institute, matching grants at 100,000 / 150,000 / 650,000 GEL tiers, the 3000 IT Specialist Training Program, and innovation status administration. The flagship initiative is the GENIE (National Innovation Ecosystem) project, funded by a $40 million IBRD World Bank loan over 2016-2021, with additional EU support continuing commercialization activities. Cumulative beneficiaries exceed 56,000 (2014-2021), with 641 startups funded, 1,383 IT specialists trained, and 574 individuals earning international certifications.

GITA is funded primarily through Georgian state budget allocations and international donor financing; it generates nominal co-payment revenue from FabLab usage at deeply subsidized rates (e.g., 0.5-1 GEL/gram for 3D printing, 0.6-1 GEL/min for laser cutting). Customer segments include Georgian startups and entrepreneurs, IT students and professionals, and regional communities outside Tbilisi. The agency employs 51-100 staff across a Chairperson (Avtandil Kasradze), Deputy Chairperson (Tornike Jobava), and an extensive roster of department heads, regional technopark managers, FabLab specialists, and program coordinators.

Short descriptiontext

Georgia's Innovation and Technology Agency (GITA) is a government state entity operating 9 regional technoparks with FabLabs, coworking, grants, and acceleration programs funded by the Georgian state budget, World Bank, and EU, serving Georgian startups, IT specialists, and regional communities.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersTbilisi, Georgia
HQ citystring
Tbilisi
HQ countrystring
Georgia
HQ regionstring
Asia
Markets served

Serves global market

Offices9 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
government innovation agency, startup acceleration programs, innovation grants funding, fablab prototyping services, technopark infrastructure
Industry3 codes
1Youth Business Incubators & Accelerators
CodeEDAMAHACPrimaryYes
2Program & Project Implementation (TA Delivery)
CodeBPADAEAAPrimaryNo
3Vendor/Authorized Certification Training (Microsoft/AWS/Cisco, etc.)
CodeBPAEANAAPrimaryNo
NAICS code2 codes
  • Educational Support Services611710
  • Computer Training611420
SIC code1 code
  • Services-Educational Services8200
Product category
Government Innovation Services
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Government Budget Funding
TypeGrants Donations
Description

GITA operates as a public law legal entity under the Ministry of Economy and Sustainable Development, funded primarily through state budget allocations. The agency also receives international donor funding from the World Bank (IBRD) for the GENIE project and other development programs.

gita.gov.ge
2International Donor Funding
TypeGrants Donations
Description

The GENIE project is financed by a $40 million World Bank loan (IBRD). Additional support comes from the EU and other international development partners.

gita.gov.ge
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Infrastructure, Technology or R&D, Operations, Marketing or Sales
Pricing details4 tiers
13D Printing Service - AnyCubic Vyper
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Legal entities: 1 GEL per gram; Students: 0.5 GEL per gram

gita.gov.ge
23D Scanning Service - EinScan Pro 2X Plus
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Pricing based on object complexity and size: Simple objects 50-150 GEL, Medium objects 100-200 GEL, Complex objects 200-500 GEL depending on size

gita.gov.ge
3CNC Router Services
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Non-ferrous metals: 3.50 GEL/min (legal), 1.75 GEL/min (students); Ferrous metals: 7 GEL/min (legal), 3.50 GEL/min (students); Other materials: 1.2 GEL/min (legal), 0.6 GEL/min (students)

gita.gov.ge
4Laser Cutting Services - RIWIN RW1390
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Legal entities: 1 GEL/min; Students: 0.6 GEL/min

gita.gov.ge
GTM typeB2B and B2C
B2B and B2C
Offering typeServices
Services
Brand1 of 4 records shown
1Technopark
Description

Regional technology and innovation hubs providing infrastructure, Fablabs, coworking spaces, and startup support programs across Georgia's cities.

gita.gov.ge
+3 more records
Core offering1 text field

Georgia's Innovation and Technology Agency (GITA) operates a state-backed innovation ecosystem spanning 9 regional technoparks equipped with FabLabs (3D printers, CNC machines, laser cutters, 3D scanners), coworking spaces, and acceleration programs. The agency delivers startup grant funding (up to 650,000 GEL), pre-acceleration training, IT workforce development, and international accelerator partnerships (Plug and Play, Startupbootcamp, 500 Global, Founder Institute) to support Georgian startups from ideation through commercialization.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • 56,000+ beneficiaries supported since 2014
+2 more records
Product overview1 text field

Georgia's Innovation and Technology Agency (GITA) operates a platform of interconnected innovation infrastructure and support services across 9 locations in Georgia. The portfolio consists of: 9 TechnoParks/Innovation Centers (Tbilisi, Batumi, Kaspi, Gurjaani, Telavi, Akhmeta, Zugdidi, Ozurgeti, Senaki) providing physical innovation infrastructure including FabLabs with advanced manufacturing equipment (3D printers, CNC routers, laser cutters, 3D scanners), coworking spaces, event venues, and technology labs; multiple grant and acceleration programs including the Innovation Startup Acceleration Program (partnering with Plug and Play, Startupbootcamp, 500 Global, Founder Institute), Regional Pre-Acceleration Program, and Matching Grants (100,000/150,000/650,000 GEL tiers); the GENIE National Innovation Ecosystem Project (World Bank-funded); and the IT Specialist Training Program. The services work together to support the full startup lifecycle from idea validation through commercialization.

Product and service15 records
1TechnoPark Tbilisi
CategoryTechnopark Infrastructure
2TechnoPark Batumi
CategoryTechnopark Infrastructure
3TechnoPark Kaspi
CategoryTechnopark Infrastructure
4TechnoPark Gurjaani
CategoryTechnopark Infrastructure
5TechnoPark Telavi
CategoryTechnopark Infrastructure
6Innovation Center Akhmeta
CategoryInnovation Center
7TechnoPark Zugdidi
CategoryTechnopark Infrastructure
8TechnoPark Ozurgeti
CategoryTechnopark Infrastructure
9TechnoPark Senaki
CategoryTechnopark Infrastructure
10FabLab (Industrial Innovation Laboratory)
CategoryPrototyping Services
11Innovation Startup Acceleration Program
CategoryAcceleration Program
12Regional Pre-Acceleration Program
CategoryAcceleration Program
13IT Specialist Training Program (3000 IT Specialists)
CategoryWorkforce Development
14Matching Grants Program
CategoryGrant Funding
15Coworking Spaces
CategoryWorkspace Infrastructure
Scale indicator10 records

Each record includes

Type, Value, Description, Source

Partnership10 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-01
Description

Partnership with Google and Ministry of Economy and Sustainable Development to officially launch Google Street View in Georgia.

2United Nations (UN Public Service Forum)
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2026-01-01
Description

GITA participates in UN Public Service Forum 2026, focusing on sustainable development goals, digital technology integration in public sector, and effective governance models.

gita.gov.ge
Strategic tierFlagshipTypeStrategic or Co-development Partner
Description

International accelerator providing 12-week acceleration program for Georgian startups. Partnership with GITA and Bank of Georgia since 2022. The four-year agreement includes bi-annual programs in Tbilisi. Part of the Innovation Agency's Acceleration Program.

Strategic tierFlagshipTypeStrategic or Co-development Partner
Description

One of Europe's largest startup accelerators, founded in Denmark in 2010. Operates in 27 countries with 180+ specialized programs and 1,800+ startups. Portfolio companies have raised $3.5 billion in investments. Partners with GITA for Georgia acceleration programs.

Strategic tierFlagshipTypeStrategic or Co-development Partner
Description

Global accelerator founded in 2006 in the US, present in 50+ cities worldwide with 60+ programs. Portfolio includes 2,500+ startups that have raised over $12 billion in funding. Partners with GITA for Georgia accelerator programs.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Global startup accelerator joining GITA's acceleration program from July 2026. Provides early-stage startup support and mentorship.

Strategic tierCoreTypeGTM or Marketing Partner
Description

Partnership agreement signed between GITA and Catapult Georgia to support innovation ecosystem development.

Strategic tierCoreTypeOthers
Description

Parent ministry overseeing GITA as a public law legal entity.

9Adjara Regional Government
Strategic tierMinorTypeOthers
Description

Co-funding partner for Batumi Technopark alongside World Bank and GITA.

gita.gov.ge
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Organizational partner for 'Free Mind' workshop and panel discussion held at GITA technoparks.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Israeli government authority providing grant programs, R&D funding, and innovation infrastructure for Israeli tech startups - structurally analogous to GITA's role in Georgia, with similar mix of state mandate, grant funding, and incubator/acceleration support.

TypeBroad incumbent
Description

France's public investment bank providing innovation financing, export credit, and SME support - broader in scope than GITA (covers full SME financing, not just tech innovation) but shares the model of state-backed capital deployment for domestic business and innovation growth.

TypeDirect peer
Description

Swedish government agency funding innovation and research with grant programs, infrastructure investment, and international collaboration - peer to GITA in mandate and operating model, though at larger scale given Sweden's economy.

TypeEmerging player
Description

European-origin global accelerator with 180+ specialized programs across 27 countries - also a Flagship partner of GITA. Comparable as a 12-week acceleration program provider, though structured as equity-backed private accelerator versus GITA's grant-based model.

TypeRegional player
Description

Turkey's government agency funding R&D, innovation, and tech development with grant programs and technopark infrastructure - comparable to GITA in mission and operating model; serves as a regional reference for an emerging-market innovation agency supporting domestic startups.

TypeDirect peer
Description

Norwegian government agency providing grant programs, innovation loans, and startup support services - structurally analogous to GITA's role as a national innovation promotion agency with similar mandate and grant-based financing model.

TypeEmerging player
Description

Global accelerator that is also a Flagship partner of GITA - operates vertical-specific acceleration programs and corporate-startup matchmaking. Comparable to GITA's acceleration program offering, though privately funded and equity-backed rather than grant-funded.

TypeBroad incumbent
Description

Singapore government agency supporting enterprise development and startup growth with grant programs, capability development, and internationalization support - a much larger and broader agency than GITA, but with overlapping innovation mandate and grant mechanism.

TypeDirect peer
Description

Estonian government agency supporting entrepreneurship, innovation, and startup ecosystem development with grant programs and acceleration services - peer to GITA given both are small post-Soviet/Eastern European innovation agencies with state-backed grant and incubation mandates.

TypeDirect peer
Description

UK government innovation agency providing grant funding, innovation infrastructure, and acceleration support to UK startups - directly comparable to GITA's mandate as a state-funded innovation agency running grant programs and infrastructure for domestic entrepreneurs.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers2 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles11 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries9 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment20 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Georgia's Innovation and Technology Agency

Government Innovation Servicesgita.gov.ge

Georgia's Innovation and Technology Agency (GITA) is a government state entity operating 9 regional technoparks with FabLabs, coworking, grants, and acceleration programs funded by the Georgian state budget, World Bank, and EU, serving Georgian startups, IT specialists, and regional communities.

What Georgia's Innovation and Technology Agency does

Georgia's Innovation and Technology Agency (GITA) is a state legal entity under public law, established to implement Georgia's national innovation policy under the Ministry of Economy and Sustainable Development. The agency operates a network of 9 regional technoparks across Georgia (Tbilisi, Batumi, Kaspi, Gurjaani, Telavi, Akhmeta, Zugdidi, Ozurgeti, and Senaki), each providing coworking spaces, event venues, and FabLab facilities equipped with industrial prototyping equipment including AnyCubic Vyper and Ultimaker S3 3D printers, EinScan Pro 2X Plus 3D scanners, RIWIN RW1390 laser cutters, CNC routers, and PCB prototyping tools.

GITA's core services span the startup lifecycle: pre-acceleration, acceleration through partnerships with 500 Global, Startupbootcamp, Plug and Play, and Founder Institute, matching grants at 100,000 / 150,000 / 650,000 GEL tiers, the 3000 IT Specialist Training Program, and innovation status administration. The flagship initiative is the GENIE (National Innovation Ecosystem) project, funded by a $40 million IBRD World Bank loan over 2016-2021, with additional EU support continuing commercialization activities. Cumulative beneficiaries exceed 56,000 (2014-2021), with 641 startups funded, 1,383 IT specialists trained, and 574 individuals earning international certifications.

GITA is funded primarily through Georgian state budget allocations and international donor financing; it generates nominal co-payment revenue from FabLab usage at deeply subsidized rates (e.g., 0.5-1 GEL/gram for 3D printing, 0.6-1 GEL/min for laser cutting). Customer segments include Georgian startups and entrepreneurs, IT students and professionals, and regional communities outside Tbilisi. The agency employs 51-100 staff across a Chairperson (Avtandil Kasradze), Deputy Chairperson (Tornike Jobava), and an extensive roster of department heads, regional technopark managers, FabLab specialists, and program coordinators.

Georgia's Innovation and Technology Agency firmographics

Firmographics
Name
Georgia's Innovation and Technology Agency
Legal name
Georgia's Innovation and Technology Agency
Website
https://gita.gov.ge
Company type
Private
Founded year
2016
Operating status
Operating
Headcount range
51–100 employees
Short description
Georgia's Innovation and Technology Agency (GITA) is a government state entity operating 9 regional technoparks with FabLabs, coworking, grants, and acceleration programs funded by the Georgian state budget, World Bank, and EU, serving Georgian startups, IT specialists, and regional communities.
Ownership category
akta.pro rank

Georgia's Innovation and Technology Agency industry classification

Industry
Product category
Government Innovation Services
NAICS
Educational Support Services (611710), Computer Training (611420)
SIC
Services-Educational Services (8200)
akta.pro primary industry
Youth Business Incubators & Accelerators (EDAMAHAC)
akta.pro secondary industries
Program & Project Implementation (TA Delivery) (BPADAEAA), Vendor/Authorized Certification Training (Microsoft/AWS/Cisco, etc.) (BPAEANAA)

Keywords

  • Government innovation agency
  • Startup acceleration programs
  • Innovation grants funding
  • Fablab prototyping services
  • Technopark infrastructure

Where Georgia's Innovation and Technology Agency is headquartered

Location

Headquarters

HQ city
Tbilisi
HQ country
Georgia
HQ region
Asia

Offices9 records

Markets served

Georgia's Innovation and Technology Agency business model

Business model
GTM type
B2B and B2C
Offering type
Services
Cost components
Personnel, Infrastructure, Technology or R&D, Operations, Marketing or Sales

Revenue model

  1. Government Budget Funding: GITA operates as a public law legal entity under the Ministry of Economy and Sustainable Development, funded primarily through state budget allocations. The agency also receives international donor funding from the World Bank (IBRD) for the GENIE project and other development programs.
  2. International Donor Funding: The GENIE project is financed by a $40 million World Bank loan (IBRD). Additional support comes from the EU and other international development partners.

Pricing tiers

ModelBillingPrice
Unit PricingPay-as-you-go3D Printing Service - AnyCubic Vyper
Unit PricingPay-as-you-go3D Scanning Service - EinScan Pro 2X Plus
Unit PricingPay-as-you-goCNC Router Services
Unit PricingPay-as-you-goLaser Cutting Services - RIWIN RW1390

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Georgia's Innovation and Technology Agency product offering

Product offering

Core offering

Georgia's Innovation and Technology Agency (GITA) operates a state-backed innovation ecosystem spanning 9 regional technoparks equipped with FabLabs (3D printers, CNC machines, laser cutters, 3D scanners), coworking spaces, and acceleration programs. The agency delivers startup grant funding (up to 650,000 GEL), pre-acceleration training, IT workforce development, and international accelerator partnerships (Plug and Play, Startupbootcamp, 500 Global, Founder Institute) to support Georgian startups from ideation through commercialization.

Product overview

Georgia's Innovation and Technology Agency (GITA) operates a platform of interconnected innovation infrastructure and support services across 9 locations in Georgia. The portfolio consists of: 9 TechnoParks/Innovation Centers (Tbilisi, Batumi, Kaspi, Gurjaani, Telavi, Akhmeta, Zugdidi, Ozurgeti, Senaki) providing physical innovation infrastructure including FabLabs with advanced manufacturing equipment (3D printers, CNC routers, laser cutters, 3D scanners), coworking spaces, event venues, and technology labs; multiple grant and acceleration programs including the Innovation Startup Acceleration Program (partnering with Plug and Play, Startupbootcamp, 500 Global, Founder Institute), Regional Pre-Acceleration Program, and Matching Grants (100,000/150,000/650,000 GEL tiers); the GENIE National Innovation Ecosystem Project (World Bank-funded); and the IT Specialist Training Program. The services work together to support the full startup lifecycle from idea validation through commercialization.

Differentiator

Problem solved

Functional benefit

Brands

  • Technopark: Regional technology and innovation hubs providing infrastructure, Fablabs, coworking spaces, and startup support programs across Georgia's cities.
  • Fablab
  • Coworking Spaces
  • Innovative Startups Acceleration Program

Products and services

  • TechnoPark Tbilisi
  • TechnoPark Batumi
  • TechnoPark Kaspi
  • TechnoPark Gurjaani
  • TechnoPark Telavi
  • Innovation Center Akhmeta
  • TechnoPark Zugdidi
  • TechnoPark Ozurgeti
  • TechnoPark Senaki
  • FabLab (Industrial Innovation Laboratory)
  • Innovation Startup Acceleration Program
  • Regional Pre-Acceleration Program
  • IT Specialist Training Program (3000 IT Specialists)
  • Matching Grants Program
  • Coworking Spaces

Quantifiable outcome

  • 56,000+ beneficiaries supported since 2014
  • +2 more outcomes

Companies that use Georgia's Innovation and Technology Agency

Customer profile

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Georgia's Innovation and Technology Agency technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

Georgia's Innovation and Technology Agency partnerships and signals

Strategic signal

Partnerships

Ten partnerships are on record, tiered core, minor and flagship.

  • GooglecoreStrategic or Co-development Partner · 1 June 2026Partnership with Google and Ministry of Economy and Sustainable Development to officially launch Google Street View in Georgia.
  • United Nations (UN Public Service Forum)minorStrategic or Co-development Partner · 1 January 2026GITA participates in UN Public Service Forum 2026, focusing on sustainable development goals, digital technology integration in public sector, and effective governance models.
  • 500 GlobalflagshipStrategic or Co-development PartnerInternational accelerator providing 12-week acceleration program for Georgian startups. Partnership with GITA and Bank of Georgia since 2022. The four-year agreement includes bi-annual programs in Tbilisi. Part of the Innovation Agency's Acceleration Program.
  • StartupbootcampflagshipStrategic or Co-development PartnerOne of Europe's largest startup accelerators, founded in Denmark in 2010. Operates in 27 countries with 180+ specialized programs and 1,800+ startups. Portfolio companies have raised $3.5 billion in investments. Partners with GITA for Georgia acceleration programs.
  • Plug and PlayflagshipStrategic or Co-development PartnerGlobal accelerator founded in 2006 in the US, present in 50+ cities worldwide with 60+ programs. Portfolio includes 2,500+ startups that have raised over $12 billion in funding. Partners with GITA for Georgia accelerator programs.
  • Founder InstitutecoreStrategic or Co-development PartnerGlobal startup accelerator joining GITA's acceleration program from July 2026. Provides early-stage startup support and mentorship.
  • Catapult GeorgiacoreGTM or Marketing PartnerPartnership agreement signed between GITA and Catapult Georgia to support innovation ecosystem development.
  • Ministry of Economy and Sustainable Development of GeorgiacoreOthersParent ministry overseeing GITA as a public law legal entity.
  • Adjara Regional GovernmentminorOthersCo-funding partner for Batumi Technopark alongside World Bank and GITA.
  • UnlimitedminorStrategic or Co-development PartnerOrganizational partner for 'Free Mind' workshop and panel discussion held at GITA technoparks.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Georgia's Innovation and Technology Agency competitors and assessment

Company assessment

Direct peers

  • Israel Innovation Authority: Israeli government authority providing grant programs, R&D funding, and innovation infrastructure for Israeli tech startups - structurally analogous to GITA's role in Georgia, with similar mix of state mandate, grant funding, and incubator/acceleration support.
  • Vinnova (Sweden's Innovation Agency): Swedish government agency funding innovation and research with grant programs, infrastructure investment, and international collaboration - peer to GITA in mandate and operating model, though at larger scale given Sweden's economy.
  • Innovation Norway: Norwegian government agency providing grant programs, innovation loans, and startup support services - structurally analogous to GITA's role as a national innovation promotion agency with similar mandate and grant-based financing model.
  • Estonian Business and Innovation Agency (EIS): Estonian government agency supporting entrepreneurship, innovation, and startup ecosystem development with grant programs and acceleration services - peer to GITA given both are small post-Soviet/Eastern European innovation agencies with state-backed grant and incubation mandates.
  • Innovate UK: UK government innovation agency providing grant funding, innovation infrastructure, and acceleration support to UK startups - directly comparable to GITA's mandate as a state-funded innovation agency running grant programs and infrastructure for domestic entrepreneurs.

Broad incumbents

  • Bpifrance: France's public investment bank providing innovation financing, export credit, and SME support - broader in scope than GITA (covers full SME financing, not just tech innovation) but shares the model of state-backed capital deployment for domestic business and innovation growth.
  • Enterprise Singapore: Singapore government agency supporting enterprise development and startup growth with grant programs, capability development, and internationalization support - a much larger and broader agency than GITA, but with overlapping innovation mandate and grant mechanism.

Emerging players

  • Startupbootcamp: European-origin global accelerator with 180+ specialized programs across 27 countries - also a Flagship partner of GITA. Comparable as a 12-week acceleration program provider, though structured as equity-backed private accelerator versus GITA's grant-based model.
  • Plug and Play Tech Center: Global accelerator that is also a Flagship partner of GITA - operates vertical-specific acceleration programs and corporate-startup matchmaking. Comparable to GITA's acceleration program offering, though privately funded and equity-backed rather than grant-funded.

Regional players

  • TÜBİTAK (Scientific and Technological Research Council of Turkey): Turkey's government agency funding R&D, innovation, and tech development with grant programs and technopark infrastructure - comparable to GITA in mission and operating model; serves as a regional reference for an emerging-market innovation agency supporting domestic startups.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Georgia's Innovation and Technology Agency social profiles

Digital presence

Georgia's Innovation and Technology Agency financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Georgia's Innovation and Technology Agency leadership team

Management profile

Number of profiles

Profiles11 records

Georgia's Innovation and Technology Agency subsidiaries and ownership

Company hierarchy

Subsidiaries9 records

Georgia's Innovation and Technology Agency funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Georgia's Innovation and Technology Agency M&A and investment

M&A and investment

M&A

Investments20 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Georgia's Innovation and Technology Agency

What does Georgia's Innovation and Technology Agency do?

Georgia's Innovation and Technology Agency (GITA) operates a state-backed innovation ecosystem spanning 9 regional technoparks equipped with FabLabs (3D printers, CNC machines, laser cutters, 3D scanners), coworking spaces, and acceleration programs. The agency delivers startup grant funding (up to 650,000 GEL), pre-acceleration training, IT workforce development, and international accelerator partnerships (Plug and Play, Startupbootcamp, 500 Global, Founder Institute) to support Georgian startups from ideation through commercialization.

Is Georgia's Innovation and Technology Agency a public or private company?

Georgia's Innovation and Technology Agency is a private company. It is classified as state government owned and is currently operating.

When was Georgia's Innovation and Technology Agency founded?

Georgia's Innovation and Technology Agency was founded in 2016. It employs 51 to 100 people.

Where is Georgia's Innovation and Technology Agency based?

Georgia's Innovation and Technology Agency is headquartered in Tbilisi, Georgia, in the Asia region.

How does Georgia's Innovation and Technology Agency make money?

Two revenue lines are on record. Government Budget Funding is the primary driver. The others are international Donor Funding.

Who are Georgia's Innovation and Technology Agency's main competitors?

Direct peers on record are Israel Innovation Authority, Vinnova (Sweden's Innovation Agency), Innovation Norway, Estonian Business and Innovation Agency (EIS) and Innovate UK. Broad incumbents are Bpifrance and Enterprise Singapore. Emerging players are Startupbootcamp and Plug and Play Tech Center. TÜBİTAK (Scientific and Technological Research Council of Turkey) is listed as a regional player.

Does Georgia's Innovation and Technology Agency have an API?

No public API is recorded for Georgia's Innovation and Technology Agency.

What industry is Georgia's Innovation and Technology Agency in?

Georgia's Innovation and Technology Agency's product category is Government Innovation Services. Its primary akta.pro industry code is EDAMAHAC, Youth Business Incubators & Accelerators, with a secondary code of BPADAEAA, Program & Project Implementation (TA Delivery). Its NAICS code is 611710 and its SIC code is 8200.

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UzdailyUzbekistan Studies Georgia’s Youth Employment ExperienceA delegation from Uzbekistan, led by an adviser to the Minister of Poverty Reduction and Employment, visited Georgia to study its youth employment strategies and startup ecosystem. The group toured key institutions including the Georgian Innovation and Technology Agency and Tbilisi Tech Park to examine modern approaches to digital transformation and specialist training. Participants engaged in B2B and B2G meetings to discuss potential joint projects and expanded international cooperation.U.S. Embassy in ArgentinaU.S. Embassy in GeorgiaCaucasus University hosted a Demo Day for the U.S.-funded CUnicorn+ Startup Pre-Acceleration Program, connecting nine Georgian startups with investors and industry experts. The event, supported by the U.S. Embassy's Democracy Commission Small Grants Program and Georgia’s Innovation and Technology Agency (GITA), awarded prizes to three winning startups utilizing American AI technology.LinkedInA very successful day for HERIO App, we have just raised 150K GEL ($55K) from Georgia's Innovation & Technology Agency. Thanks to the judges for allowing us to continue our growth. We are one more…HERIO App raised 150,000 GEL ($55,000) from Georgia's Innovation & Technology Agency to support its growth. The funding was awarded after a successful pitch to judges, with the company focusing on providing short-term jobs for college students.Georgia TodayGeorgia Celebrated in 2024 Global Startup Ecosystem Report – The Rising Star of Startup Innovation at the Crossroads of Europe and AsiaGeorgia's Innovation and Technology Agency partnered with Startup Genome to highlight its startup ecosystem in the 2024 Global Startup Ecosystem Report. Georgia offers a 9.9% total tax rate, $60,000 matching grants, and Tether's $25 million investment. GITA's GITA 20.0 program will add tax incentives and new acceleration programs.PR NewswireTouch Digital Summit 2020 - The first remote technology conference in Eastern Europe will be streamed from GeorgiaTouch Digital Summit 2020 is a 10-day remote technology conference scheduled for November 20-29, 2020, being streamed from Georgia and designed to gather over 1,000 guests from Europe, the Middle East and beyond. The event features talks, workshops on weekends and business meetings on weekdays, with speakers from companies including Magic Leap, Deloitte US, Salesforce, Google, and HubSpot covering topics such as business digitalisation, digital marketing, UX/UI design, and eCommerce. The conference is supported by Georgia's Innovation & Technology Agency (GITA), Bank of Georgia Business, and Aligned Research Group, and will use an all-in-one event application for remote participation.