SME Development Strategy of Georgia 2016-2020 Country/Territory Georgia Document type Date 2015 Source FAO, FAOLEX Subject Agricultural & rural development, General Keyword Business/industry/corporations Agricultural development Financial agricultural measures Fiscal and market measures Sustainable development Rural employment Policy/planning Capacity building Internal trade International trade Geographical area Asia, Black Sea, Eastern Europe, EUROPE AND CENTRAL ASIA, Western Asia Entry into force notes 2016-2020 Abstract The SME Development Strategy of Georgia 2016-2020 is a cross-sectoral document. It aims at achieving creation of favourable environment for Small and Medium Sized Enterprises (SMEs), enhancement of their competitiveness, innovation capacities, which will lead to income generation and job creation resulting in inclusive and sustainable economic growth. More specifically, it provides for further improvement of legislative, institutional framework and operational environment for SMEs; improvement of access to finance; SME skills development and promotion of entrepreneurial culture; export promotion and SMEs internationalization; and facilitation of innovation and research and development in SMEs. Among others, the Strategy also notes that, while the most of SMEs, especially in the regions, lack financial resources, they cannot attract highly qualified people or increase capacity of existing staff. Therefore, provision of trainings on modern approaches and international best practices in using modern ICT and technologies will support growth and development of SMEs. Full text Georgian/English Website www.economy.ge