Home Business Development Host in Georgia

 

HOST IN GEORGIA

 

Entrepreneurs operating in the regions of Georgia can benefit from the Hotel Industry Incentive. According to the Government decision and based on the market demand the scheme w

as introduced to promote hospitality business across country, attract increasing number of tourists, create jobs and develop each region of Georgia.

The scheme promotes entrance of international hotel brands via franchise or management contracts by co-financing royalty fees.

 

 

 

 

 

 

 

  • Interest Rate Co-Financing
  • INTEREST RATE AND ROYALTY FEES CO-FINANCING
  • ROYALTY FEES CO-FINANCING

 

*Hotel Development/Expansion

 

  • 10% Interest Rate Co-financing for the first 2 years – loans in GEL
  • Minimum loan volume – GEL 200,000 
  • Maximum loan volume – GEL 2,000,000
  • Partial collateral guarantee for the first 4 years, 50% of the total loan,with upper limit of GEL 500,000 
  • Co-financing of consulting services

 

 

Project is implemented in the all the regions of Georgia, except Batumi and Tbilisi

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