According to the Produce in Georgia agency, the government’s capital market support programme is making significant strides, with thirteen issues carried out by eight companies, 26 applications received, and over 450 million GEL in additional investment capital mobilised. The majority of these transactions are concentrated within the real estate sector and financial services.

The primary aim of the programme is to enhance access to finance for small and medium-sized enterprises (SMEs) and to foster the growth of the capital market by encouraging the issuance and placement of securities.

Mikheil Khidureli, Director of the Produce in Georgia agency, noted that the programme has been operational since April 2024 and has already generated considerable interest among businesses.

“The enthusiasm and willingness expressed by private companies demonstrate that many are now prepared to utilise the capital market as an alternative avenue for financing. Produce in Georgia provides co-financing for the costs associated with issuing securities, including both the fees for successful placement and expenses related to obtaining a credit rating,” he said.

He emphasised that strengthening access to finance remains a strategic priority for the agency.

“Looking ahead, we will continue to actively support local companies as they transition to a new stage of growth,” Khidureli added.

The Produce in Georgia agency projects that up to 100 issues will be supported by 2028, potentially mobilising up to three billion GEL in investment resources. Additionally, a technical assistance component will be introduced in 2026 within the framework of the capital market support programme, aimed at significantly increasing awareness among companies and investors alike about the opportunities offered by the capital market.