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Business Universal

The program aims to support development of business in Georgia and diversification of domestic production, through creation of new enterprises, and expansion / re-equipment of existing enterprises.



  • Loan/Leasing
  • Grant



* Program Industries

  • Manufacturing
  • Hotels Industry/Balneological Resorts
  • Tourism Services
  • Agrotourism Industry
  • Ecotourism Industry

* For loans issued by commercial banks/leasing companies

  • Within the framework of the loan, the Agency subsidizes the loan interest rate by the national refinancing rate minus 5% for the full term of the loan and in case of leasing - the national refinancing rate minus 3%
  • Within the framework of the loan, the Agency guarantees no more than 60% of the loan principal amount for a maximum period of 10 years;
  • The minimum loan/leasing amount is 50,000 GEL, and the maximum is 10,000,000 GEL;
  • At least 50% of the loan should be used for capital expenses and not more than 50% for working/operational capital.

* Program conditions

  • Economic activity should be included in the list of priorities approved by the Government of Georgia under this program;
  • For detailed information regarding the economic activity classifications, please see the Economic Activities Classifications.
  • The beneficiary of the program must be an entrepreneur who meets the 3rd or 4th  category enterprise criteria (only in its income component) - in accordance with the Law of Georgia on Accounting, Reporting, and Auditing, this can be checked through the link: www.reportal.ge
  • All beneficiaries are obliged to ensure unimpeded access of persons with disabilities to administrative buildings using ramps and/or similar facilities.
  • Within the framework of the EU Pilot Regions Program - In case of a loan ranging from GEL 50 000 to GEL 1 500 000 beneficiaries from the pilot regions will receive a grant from 10% to 20%.


Applies to all program directions

  • It is not allowed to repair and purchase vehicles. The purchase of vehicles is exclusively allowed under the condition if they are directly involved in the production/service process determined by the program directions;
  • It is not allowed to buy goodwill;
  • It is inadmissible to benefit from the program for constructing, repairing, and equipping only the office space (administrative building);
  • Purchase of state and/or privately owned real estate, and/or temporary use of one within the conditions provided by the Civil Code of Georgia;
  • Purchase/Manage shares or stocks from a legal entity under public law.

Pilot Regions:
Imereti, Guria, Kakheti, Racha-Lechkhumi and Lower Svaneti.

From 01.09.2021, the company (parent) and their subsidiarity for which the total loan volume amount exceeds 10 million Gel, will be prohibited from further participating in the program. Herewith, the restriction only applies to the companies operating in the same economic activity section codes - calcified in according to NACE 2 (For the purposes of the program, a subsidiary firm is considered to be a beneficiary of the program which holds either 50% or more shares in the company)


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