New technology park in Batumi

By Khatia Bzhalava

Thursday, October 29

Technology park is located in the new campus building of Batumi Shota Rustaveli State University.

The government of Adjara allocated over GEL3 million from the budget to build new facilities for the university.

The Minister of Economy and Sustainable Development Natia Turnava, together with the Head of the Adjara region government Tornike Rijvadze held an opening ceremony of a new technology park and training center in the new campus building of Batumi Shota Rustaveli State University. The opening ceremony was attended by the Head of Georgia's Innovation and Technology Agency Avtandil Kasradze and the deputy Minister of Economy and Sustainable Development.

The new technology park is a space where technological, educational, and professional resources are gathered and represents a platform for developing businesses, which are based on innovations and technology. The purpose of the technology park is to support the local population, private companies, the government of Adjara, and the local self-government to develop their work and gain knowledge in the field of innovation and technology as well as entrepreneurship.

The project was implemented with the financial assistance of the World Bank and the government of the Autonomous Republic of Adjara, which allocated over GEL3 million from the budget to build new facilities for the university.

Batumi technology park presents a universal lab (Fab Lab) of industrial innovations, which is equipped with the latest equipment. A laboratory space staffed with highly qualified specialists will help interested persons with modeling and prototyping.

The Technological park combines an education center, a co-working space for startups, and freelancers. The place is equipped with all the conditions to facilitate startup development.

As Rijvadze stated at the opening, this space will allow more young people to implement their ideas. He noted that the government is doing its best to support the field of IT as well as to attract other global companies to the region.

According to the information published by the government of Adjara, the facility contributes to building an economy based on knowledge, developing an inclusive economy, and mobilizing investment.