500 Global, the Bank of Georgia, and the Georgia Innovation and Technology Agency commenced their fourth stream acceleration program on April 10. Out of 40 countries, 12 companies were chosen for the 12-week training, enabling rapid growth through investment expertise and international mentorship.
In a bid to introduce 5G mobile communication standards in Georgia, the National Commission on Communications and Communications has announced an upcoming auction, along with consultations for interested parties.
In recent years, Georgia’s information and communication technologies (ICT) sector has experienced a substantial growth, becoming a significant driver of the country’s economy. A recent study by the PMC research center reveals that the average salary in the ICT sector is now twice the national average. This boom can be attributed to tax incentives for…
Spotify has recently unveiled three updated subscription plans tailored specifically for the Georgian market. In addition to the standard individual plan priced at $4.99 per month, users can now choose from three new options: 🔹 Duo – designed for two users living under the same roof, priced at $6.49 per month 🔹 Family – catering…
The updated “Avoidance of Double Taxation on Income and Prevention of Non-payment of Taxes and Tax Evasion” agreement between Georgia and Poland is now in effect, replacing the previous accord from 2006. Incorporating the 2017 OECD model and adhering to BEPS standards, the revised agreement lowers withholding tax rates for dividends, interest, and royalties from…
The DADE mobile app is back with a new design and enhanced features. Founder Tea Kristesashvili redeveloped the app to allow individuals and businesses to sell items across 13 categories. With over 30,000 downloads and 22,000 registered users in Georgia, DADE is steadily growing in popularity.
Bm.ge reports that in a recent data privacy investigation, the Personal Data Protection Service found that one of the ministries had been collecting and monitoring employee computer data without proper justification or employee consent. The technical support program installed on around 3,000 computers not only managed IT requests and temporary dismissals but also gathered data…
Levan Shalamberidze, a renowned Georgian investor with over 15 years of investment experience globally, will speak at Startup Grind about fintech’s impact in developing economies. He has been involved in landmark equity, debt and structured finance transactions in banking, insurance, microfinance and fintech. In his talk, he will discuss how fintech can help developing economies…
The State of the Tech Workforce report by CompTIA provides a comprehensive overview of the tech industry and its workforce, including employment trends, job growth, and salaries for 2023. According to the report, some of the fastest-growing tech jobs in 2023 include software developers, IT support specialists, data analysts, cybersecurity analysts, and cloud architects.