Government of Georgia has made the development of the technological and innovative ecosystem one of the main priorities of its national economic policy. Such a statement the Minister of Economy and Sustainable Development of Georgia made at the presentation of the investment project of Tether.

According to Mariam Kvrivishvili, the Government’s policies had already resulted in hundreds of funded startups, Georgian companies participating in international acceleration programmes, a growing technology community and a new generation that sees its future in innovation and technology.

“The modernisation of the financial sector, support for fintech innovations and a technology-oriented vision create a solid foundation for Georgia to gradually establish itself as a regional technological and financial hub.

In this regard, the activities of companies such as Tether in Georgia are of particular importance. The company is actively investing capital into Georgia’s technological and innovation ecosystem, particularly local startups and educational platforms. Tether uses Tbilisi as its main regional operational base and directs investment resources toward financing startups.

The company’s interest in Georgia sent a very strong message to the international technology sector. This means Georgia is already perceived as a country with a stable economic environment, a growing technological ecosystem, innovation-oriented state policy and the ambition to become a technological hub”, - said Mariam Kvrivishvili.

As she added, the presence of such global companies in Georgia meant sharing expertise, creating new opportunities, connecting local talent to international networks and integrating Georgia into the global innovation economy.