Georgia Tech Startup Ecosystem Valued at $240M

Georgia's tech startup ecosystem reached $240 million valuation by end-2024 per Startup Genome, marking rapid growth for Tbilisi's emerging hub.

Approximately 24,000 IT companies operate, 84 percent serving international markets, generating nearly $1 billion revenue per Galt & Taggart's 2024 report.

GITA funded 400 startups, with 15 receiving GEL 650,000 grants. The agency partners with 500 Global Eurasia for investor connections.

Fall 2025 Innovation Act changes offer innovative startup status with 10-year tax preferences including exemptions and reduced rates for qualifying investments.