OPIC-supported Gazelle Finance partners with Georgian Partnership Fund
The OPIC-supported Gazelle Finance recently signed a commitment with Georgian Partnership Fund to support investments in Georgia’s small and medium-sized businesses.
Executive Director of the Partnership Fund Davit Saganelidze, Gazelle Finance CEO Jeffrey Liebert, representatives of the Dutch Good Growth Fund (DGGF) and the Dutch Development Finance Company (FMO) signed the agreement. In addition, Dimitri Kumsishvili, the Vice Prime Minister of Georgia and Minister of Economy and Sustainable Development presided over the signing ceremony as the keynote speaker.
Small and medium-sized businesses are essential to job creation and economic growth. The Georgian Partnership Fund will seek to invest in entrepreneurs focused on agribusiness, manufacturing, health, education, and tourism. The Fund will also provide technical assistance to entrepreneurs in the form of support in financial planning, accounting, and other business related fields.