On October 4th, ISET students at every level and every stage of their studies were given a unique opportunity by the European Bank for Reconstruction and Development – to have their own research be used and cited in an EBRD report on Georgia. In addition, the students will be able to use their work as part of any thesis they will be submitting in the near future.
Working in small teams, the students will have the chance to identify the main obstacles and challenges facing Georgia’s private sector. Their research, therefore, will help shape the EBRD’s future activities and investments in the country.
After drafting a proposal which defines the identified obstacle facing private businesses, select teams will attend a one-day workshop organized by the EBRD. This will be followed by the submission of a written thesis that fully explains and analyzes the issue, the results of which will then be presented to a panel of judges.
On October 2nd, ISET was visited by representatives of FMO, the Dutch Entrepreneurial Bank, who came to talk about the Bank’s activities and its investments in Georgia. Mr. Jan-Willem Hoek, Investment Officer, and Ms. Naomi Campbell, Environmental & Social Officer, gave a presentation entitled ‘Doing Makes The Difference’, and explained the Bank’s commitment to global development and humanitarian outcomes.
In Georgia, FMO has partnered with TBC Bank to finance young entrepreneurs running micro, small and medium-sized enterprises, as well as retail customers requiring a mortgage. FMO’s own financing is split between the Netherlands’ major banks and the Dutch Government; along with its partners in TBC, the Bank cooperates closely with the Dutch Embassy in Georgia, and so Her Excellency Loes Lammerts, the Deputy Head of the Embassy of the Netherlands, also attended.