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We help you
RAISE CAPITAL FOR YOUR BUSINESS

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We connect your
START-UP BUSSINESS WITH LOCAL AND INTERNATIONAL INVESTORS

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Acess
TO MARKET RESERCH AND ANALYTICAL SERVICES

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Communication and liaising tool
AMONG BUSINESS AND GOVERNMENT SECTORS

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Opportunity
TO FINANCE INNOVATE START-UPS

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Efficient platform
FOR YOUR START-UPS AND SEED-STAGE FIRMS

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    Investment funds play an important role in the economy of developed countries. The purpose of our association is to support the activities of the venture capital, angel financing and private equity funds. We are ready to encourage and support the improvement of the legislative and regulatory environment, coordinating networking with foundations and associations worldwide, collaborating with state-owned and non-governmental organizations in order to create an attractive platform for innovative and start-up companies.

It is impossible to develop this sector, without a development of capital markets in the country. In this regard, we intend to cooperate with any interested parties, partner organizations and associations. 

It is also important to consider the role of Georgia as a regional financial-business hub, which will transform the sector as well as the entire economy of the country and increase its competitive advantage.  Herewith, this process will stimulate an increase in competitiveness of the qualified labor for our partner audit, legal, consulting, research and technology companies.  Higher level of competition between above-ment..... photo

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Our Team

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AIETI KUKAVA

Founder & Chairman

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GOCHA NIKOLEISHVILI

Founder

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DAVID CHECHELASHVILI

Founder

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Tengiz Tkeshelashvili

Founder

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Konstantine Chanturia

Founder

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Nino Sagareishvili

Vice-Chairman

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Mariam Iashagashvili

Financial Director

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Marika Lomtadze

Chief Marketing Officer

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Irina Onashvili

PR Manager

Why you should become a member of the GVCA

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Availability of innovative startups

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Lobbying for industry interests

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Market research and connectivity

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Access to analytics services

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Communication Club

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Connecting with Investors

Frequently Asked Questions

What is Venture Capital?

Venture Capital is a type of private equity investing in promising companies with high growth potential.

Venture Capital - The term refers to a long-term investment of a stakeholders in a potentially successful startup. This is the general definition. The main goal of the venture capital companies is not only to get the return on investment, but also to develop an idea, concept and product/service of the company they invested in.

The main purpose of venture capital companies is to get high profits by investing for period of 5-10 years. Venture capitalists aim to discover high-potential entrepreneurs, to invest in promising start-ups and determining long-term profits.

What is the role of venture capital in the country's economy?

The main idea of venture capital is to find out young, innovative enterprises and “projects of future” that are able not only to turn into profitable businesses, but develop and fundamentally change the field they operate in. Venture capitalists finance the most innovative entrepreneurs and help them to improve their innovative ideas that is a prerequisite for raised employment and the country's economic growth.

Venture capital plays an important role in promoting the more innovative economy, providing the investment and resources needed for high-risk businesses. The development of venture capital companies will expand the revenues of other fields – audit companies, law firms, banking, etc. and the service sector will grow much faster. Accordingly, the demand and competition will be raised in these markets.

Financing projects through the Venture Capital will lead to the expansion of many enterprises, which will be affected to the country’s employment rate. As a result, suppliers or intermediaries will get the increased revenues. There will be increased demand for brokerage, auditing, legal, research or other subsidiary companies. In the end, emerging capital markets will promote competitiveness, business transparency, steady economic growth, and improved public welfare.

How does is affect the taxation?

Budget revenues mostly depend on tax revenues. Venture capital funds the sectors that will boost the country's economic progress and help find the sufficient place in the international economy. Business growth in these sectors is followed by both employment and taxable income growth, which have a direct effect on the budget revenues growth.

 

What is the role of venture capital in employment?

Companies funded by Venture Capital and Private Equity funds experience significant growth, thus, demand for audit, legal, consulting services is increasing. Accordingly, as the revenues of these organizations increase, the demand for and employment of qualified skillforce increases as well.

What is the role of venture capital in raising country’s competitiveness?

Venture capital invests in technology-based enterprises such as biotechnology, nanotechnology, information technology and electronics that accelerate the country's economic development, thus boosting competitiveness internationally.

VC impact on the country's competitiveness can be expressed as follows:

  • GDP growth
  • High level of productivity
  • Development of technology-based industries
  • Low unemployment rate
  • International recognition of the country / region;
  • High living standards
How does the venture capital affect different sectors?

The development of Venture Capital in Georgia will directly affect the development of the following directions in the country:

  • Attracting Foreign Direct Investment
  • Increasing the competitiveness of Georgia internationally
  • Developing innovative and high-tech projects and discovering innovative sectors
  • Increasing local and international revenues of individual companies/businesses
  • Creating new jobs and maintaining economic growth
  • Increasing demand for professional skill force
  • Facilitating technological progress
  • Raising country's overall productivity
  • Increasing average salary rates
What is a Venture Capital Fund? Fund Activities and Benefits?

The Venture Capital Fund is an investment fund that manages assets of private and corporate investors and aims to invest in innovative and high-tech startups, especially in companies with high growth potential.

The purpose of the fund is to assist different stakeholders in finding opportunities to invest in a business project and/or raise capital. GVCA creates an effective platform for investors, business companies and individuals who have an innovative idea.

Venture Capital Fund for Society and entrepreneurs

  • The fund is ready to help individuals who have a project / idea and need capital to implement this idea by finding capital.

Venture Capital Fund for Business

  • Increased competitive advantage - Access to innovative and high-technology investment projects will enable companies to invest in innovative startups in both existing and emerging and new fields;
  • Increased local and international revenues;
  • Opportunity for companies to set up and develop their own funds by the help of VC fund;

Venture Capital Fund for Investors

  • Investors will have the opportunity to be the first who learn about innovative and technological ideas, invest in promising start-ups and become the owners of the future successful business.

News

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GVCA became the partner of Wolves Summit

20 Jan 2020

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Seedstars - International Startup Competition was organized by GVCA

01 Jul 2019

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Unbound Tbilisi - International Startup Competition was organized by GVCA

09 Aug 2019

Members and Partners