Recipient: Entrepreneur with at least one year of registration, with an annual turnover of up to 30 million, as well as consortia where the leading applicant Entrepreneur Entity announcement frequency: Permanently open, results will be announced Quarterly amount Amount requested: at least 150,000 GEL. Maximum 650,000 GEL per project. During the whole program, the applicant / co-applicant will not receive more than 650,000 GEL. Co-financing: At least 50% of the project budget. Project duration: 24 months The 650,000 GEL grant program aims to stimulate innovation, stimulate the creation of innovative enterprises and involve the country. Through the program, Georgian micro, small and medium enterprises, which have the potential to develop their own innovation and present themselves globally, will position the innovative product in the global market. The head office will be operated from Georgia. Qualification Criteria for the Applicant: According to the Law of Georgia on Entrepreneurs, an Entrepreneur Entity Registered in the Public Registry with 51% Annual Turnover of an Entrepreneur must not exceed Qualification Criteria for Other Co-Applicants (s) According to the Law on Entrepreneurs of Georgia, an Entrepreneur Entity Registered in the Public Registry, 51% of which is privately owned, and / or Authorized higher education institution (public or private), or / Academies of Science or Scientific Research Institutes