Establishment of Business in Georgian Knowledge Economy
On July 20, Ilia State University hosted a workshop “Establishment of Sustainable Business in Georgian Knowledge Economy”. Workshop was organized by the infoDec Program of the World Bank, Nokia and Business Incubator Initiative Georgia. It presented the first phase of a new program, which is to be launched in Eastern Europe, South Caucasus and the Central Asia by the companies infoDev and Nokia. 
The program sets the goal to support development of innovation mechanisms, establishment of mobile technology labs and aid rapidly growing small businesses through creation of business incubators.
Workshop was attended by the representatives of different state, NGO or business sectors which work on economic issues.
The main topic of the discussion during the workshop concentrated on identification of high growth potential businesses and problem of providing relevant support for them. All participants declared their willingness to contribute to establishment of instruments for support of small business that would be tailored to local specific demands. Results of the discussion and assessment of existing potential will be presented to the managing board of the infoDev and Nokia program. Presumably in September 2010 study of results will be followed by a decision to launch the program in Georgia.