This project entails carrying out a rapid evaluation of the outcomes of the Georgia National Innovation Ecosystem (GENIE) project spanning March 2016 to October 2021.
This rapid evaluation project will focus on the outcomes rather than outputs, and will assess the degree to which these programs influence Georgia’s innovation ecosystem beyond direct beneficiaries. To the extent possible, the project will also evaluate the outcomes of the Regional Innovation Hubs and the Community Innovation Centres that were established through the GENIE project.
The evaluation will focus on the following three components of the GENIE project:
The project employs a mixed-method evaluation approach, combining quantitative surveys and desk research including qualitative interviews with key stakeholders and purposive case studies. Based on the study results and conclusions, the project aims to enable the World Bank, the Ministry of Economy and Sustainable Development, and the Ministry of Finance to evaluate the successes and shortcomings of the GENIE project, allowing for more informed discussions of the options for future support.
In the course of this project, PMC RC will carry out the following tasks:
The GENIE project was financed by the World Bank and implemented by Georgia’s Innovation and Technology Agency (GITA), under the administrative oversight of the Ministry of Economy and Sustainable Development (MoESD). The GENIE project was aimed at reforming Georgia’s national innovation ecosystem by introducing an entrepreneurship support program with incentives for the uptake of digital technologies by businesses and individuals. The ultimate goal of the project entailed productivity growth, shared prosperity, and adding value to jobs and exports.
On September 9, we presented the findings of the research entitled “Investment and Export Promotion via Diagonal Cumulation between Georgia, Türkiye, and the European Union” at a forum organized by the Ministry of Economy and Sustainable Development of Georgia with the support of the USAID Economic Security Program, the EU, and GIZ.
We recently started working on a new project entitled “Communal Infrastructure for Environment and Tourism Improvement - Lot 2: Accompanying Measures,” aimed at improving the living conditions of people in four Georgian municipalities (Baghdati, Vani, Samtredia, and Kazbegi) through improving the supply of hygienically-sound drinking water and environmentally-safe sanitation infrastructure.
We recently completed a project entitled “Executive Roundtable (ERT) Session on Non-Profit Budgeting Process,” carried out by the USAID HICD Activity and implemented by the Kaizen, Tetra Tech company, aiming to facilitate collaboration, collective learning, and organizational development in the non-profit budgeting process with a cohort of selected organizations, including the Georgian Young Lawyers Association (GYLA), the Georgian Institute of Politics (GIP), and the Georgian Association of Social Workers (GASW).
On September 19-23, the International Consortium on Governmental Financial Management (ICGFM) is hosting the 2022 International Conference at the University Club of Washington DC, offering the first opportunity in over two years for the global PFM community to gather in-person to network and connect with leading professionals and colleagues from across the world, in a unique and distinguished setting.
On July 28, PMCG supported a workshop organized by the EU and the Ministry of Environmental Protection and Agriculture of Georgia as part of the project “Support to Environmental Protection and Fight Against Climate Change in Georgia.”
In November 2025, hotel price index in Georgia decreased by 5.9% month-over-month (MoM), with the largest declines in Guria, Tbilisi, and Samtskhe-Javakheti. In November 2025, hotel price index in Georgia decreased by 4.2% year-over-year (YoY), with the largest declines in Imereti, Kakheti, and Samegrelo-Zemo Svaneti. The average price of a room ranged from 101 GEL to 390 GEL in November 2025.
In October 2025, the number of persons receiving a salary increased by 1.9% month-over-month and by 2.6% year-over-year. In October 2025, vacancies published on Jobs.ge decreased month-over-month by 12.2% and by 2.1% year-over-year. The number of vacancies in IT and programming category increased the most both year-over-year (+54.8%) and month-over-month (+5.0%) in October 2025. In Q3 2025, compared to Q2 2025, labor market expanded, as seasonally adjusted job opening rate increased and unemployment rate decreased, while labor market efficiency remained unchanged.
In October 2025, hotel price index in Georgia decreased by 9.6% month-over-month (MoM), with the largest declines in Adjara,Guria, and Kakheti. In October 2025, hotel price index in Georgia decreased by 2.3% year-over-year(YoY), with the largest declines in Mtskheta-Mtianeti, Samegrelo-ZemoSvaneti, and Kakheti. The average price of a room ranged from 100 GEL to 442 GEL in October 2025.
In September 2025, the number of people receiving a monthly salary increasedby 4.9%month-over-month and by 2.6% year-over-year. The total number of vacancies published on Jobs.ge increased month-over-month (+20.0%) and year-over-year (+4.7%). Over the past three months, the number of vacancies on Jobs.gein logistics declined by 4.5%, while those in management fell by 4.4% compared to the same period in 2024.
The Business Association of Georgia (BAG) Index is a joint product of the Business Association of Georgia, PMC Research Center, and the ifo Institute for Economic Research. The BAG Index summarizes the BAG Business Climate, BAG Employment Barometer, and BAG Investment Environment, which are calculated according to the assessments of the top managers of BAG member businesses and companies in their corporate group. BAG and PMC Research Center publish the BAG Index on a quarterly basis from Q4 2019.