Entrepreneurial entities willing to participate in the program, in the frames of the access to finance component, approach commercial banks. The commercial bank approves the loan with "Produce in Georgia” conditions and based on its own evaluation criteria. If a beneficiary submits an industrial enterprise project, it should meet the following requirements: the loan should necessarily cover establishment of a newenterprise only; the enterprise should meet security and environmental requirements as defined by the Georgian legislation. As for agriculture direction, additional requirements set are adherence to sanitary and food safety standards.An entrepreneur interested in transfer of real estate should address the LEPL National Agency of State Property. The Program beneficiary, in accordance with conditions of this Program and upon adoption of respective legislative act of the government of Georgia, following the set rule, is transferred a real property under certain investment obligation.
In the frames of access to finance component of this Program:a) Document control/monitoring will be carried out by a respective commercial bank;b) Additional monitoring, including field monitoring will be conducted by EDA and non-entrepreneurial (non-commercial) legal entity "Agriculture Project Management Agency”.