Georgian PM meets with USAID Deputy Administrator
Georgian PM meets with USAID Deputy Administrator

Georgian Prime Minister Giorgi Gakharia met with Bonnie Glick, Deputy Administrator of the United States Agency for International Development (USAID).

The sides discussed the projects ongoing with support of the USAID in Georgia that contribute to the economic growth and development of democratic institutions.

Gakharia and Glick underlined the importance of prolific cooperation between the USAID and Georgia. They also talked about Youth and Women Entrepreneurship Support – Georgia (YES- Georgia) Project that is an initiative of Ivanka Trump, businessperson and daughter of the U.S. President Donald Trump.

Since 2015 the program has supported more than 3,000 young entrepreneurs and professionals, roughly 60% of whom are women; provided professional skills training to roughly 900 young people; mobilized $230 million from private and public funds to support youth-owned microenterprises and startups; assisted more than 200 young people to draft business proposals and apply for financing.

This new expansion will include supporting women re-entering the workforce later in life, reflecting the practical reality that female entrepreneurs often venture into business at that stage and tend to concentrate in industries with lower capital intensity and average revenue.