Startups in Georgia benefit from a robust grants program offered by Georgia’s Innovation and Technology Agency (GITA). Over 70 startups have received a total of ~$2.1 million in funding through the Startup Matching Grant program, while ~10 startups have raised a similar combined funding through the Innovation Matching Grant program. These startups span sub-sectors such as AI, Gaming, Fintech, and Life Sciences among others. One of the strongest startups in AI is Pulsar, which has received $1.2 million in investments from Silicon Valley venture funds and other private investors. Additionally, Georgia is home to Optio.ai, a finance chatbot applying AI and data analytics. It is a beneficiary of one of the biggest grants and in 2019 received a further$32,000 grant from GITA and the World Bank, 2 years after raising a $30,000 seed round.

Georgian startups are also supported by a diverse innovation infrastructure, including technological parks, innovative centers and laboratories, university incubators and platforms. 500 Startups launched in Georgia in partnership with GITA and the Bank of Georgia to accelerate local talent and help companies scale faster. A series of bootcamps have been launched for high school students to learn about technology and entrepreneurship.