Silicon Valley Tbilisi - The first high-technology center in Georgia
12 August, 2016
Silicon Valley Tbilisi - The first high-technology center in Georgia
In modern world it is practically impossible to separate business and technology. It is difficult for any startup to achieve success if it only implies innovative business ideas, but not the basic technological abilities for their implementation. According to the research conducted by the Massachusetts Technological University, by 2020 close to 90% of new jobs will require the knowledge of digital technologies. Besides, the investments and venture capitals for the startups will increase even more.

Future Georgian developers, programmers and
entrepreneurs will soon be able to develop their own business ideas better and deepen their technological abilities at the Silicon Valley Tbilisi.

The multimillion project will unite IT academy, business and technological universities, school, laboratory and research centers, technological incubators in Tbilisi’s Chavchavadze avenue.

Within the project the leading technology companies and brands, as well as offices, student campuses, summer school for children with its sports fields and swimming pools will be available at Silicon Valley Tbilisi.

The project covers all the stages necessary in order for Georgia to gradually establish itself as one of the exporters of technologies.

"This is not a distant prospect. This will give us the results very quickly and the staff trained and educated here will quickly become very popular and successful not only in the Georgian business companies, but also in the international market. Georgian specialists will not have to get an education and training abroad, to be employed in leading companies. Silicon Valley Tbilisi will give them opportunity to acquire necessary skills and to start working in the famous technological companies abroad", - one of the representatives of the project, Mikheil Batiashvili says.

Silicon Valley Tbilisi’s business and technology university implies education in three steps - BA, MA and PHD. The program will be focused on enterprise-based learning, the promotion of innovative potential, business management and marketing skills, which eventually will allow the graduates to find employment in both local and international market.

The IT academy based at Silicon Valley Tbilisi will prepare high-tech specialists and software engineers and the students will share the experience of Israeli specialists.

Israel is one of the leading countries in high technology sector and the development of start-ups. In recent decades the country has made great progress in this regard.

Reportedly, in 2015 the total number of start-ups in Israel reached 1400. Out of this, 373 companies have received a total of 3,58 billion dollars in investments and 69 startup companies were sold by 5,41 billion dollars.

By the number of companies per capita, which are based on high technologies and produce market-oriented products, Israel occupies second place after the US.

The country's export of high-technology reaches 70%. In the light of all this, the brands such as Intel, Microsoft, IBM, who are engaged in research and development, are presented in Israel. Google, Facebook, Apple and Yahoo have their own offices there as well.

"It is a great honor for us to be in Georgia, in this wonderful country. At our center in Israel, which is one of the largest educational and training centers in the world, more than 15 thousand students receive education every year and learn various popular professions. We want to share this experience with Georgia, to train high-tech specialists, software engineers, who are today the world's most sought-after professionals"- Drod Shremi, the prepresentative of Science and Technology Center of Israel says.

There will also be a training center at the academy, where according to the demand at the market, the personnel for different companies will be trained.

At the first stage, 10 hours of daily education will be available for students. The second stage will see them develop their abilities and as for the third one, they will work on their business ideas.

The term Silicon Valley was coined by a Californian entrepreneur Ralph Vaerst. On January 11, 1971, his friend, a journalist named Don Hoppler used this term for the series of articles in weekly Electronic News magazine. In these articles, Hoppler told the readers about Santa Clara, located to the south of San Francisco, where the headquarters of biggest American IT companies were located.

Today, in the San Francisco Bay area, more than 386 thousand highly qualified people are working, which gives the Silicon Valley the right to call itself the biggest technological center in USA.
Print
Other Stories
Georgian citizens are granted the right to work in France
The French Embassy in Georgia made remarks on granting Georgian citizens the right to work in France
The New York Times: Bitcoin declines but Georgia still bet on it
The New York Times has recently published an article about reasons, challenges and causes of generating Bitcoin in the former Soviet country Georgia.
EU to allocate € 13 billion for Eastern Partnership countries, including Georgia
The European Union together with the World Bank plans to allocate investment worth € 13 billion for infrastructure projects in the Eastern Partnership countries.
Anaklia Port and its importance for Georgia
In 2016, Anaklia Development Consortium was authorized to launch the construction of Anaklia Port.
Cryptocurrency mining threatens electrical network in Abkhazia
In the breakaway region of Akbhazia rampant cryptocurrency mining is threatening the shaky electrical network, reports an article of the news portal EuroNet.
Caucasus Wine University to be opened in Gurjaani
In the Kakheti region a new viticulture campus of the Caucasus University is in the process of planning.
Photos describing life of the poorest in Georgia
Fight with poverty should be among top priorities of every government in every country.
Training farmers to rescue the organic hazelnut production in Georgia
Even drizzling rain and unpleasant gusts of wind can’t prevent the farmers from coming and participating in the agricultural training.
Bleak times for organic farmers in Georgia – but there is hope
Organic hazelnut production is a delicate plant in Georgia that has emerged just a couple of years ago. Various pests, among them the Asian stink bug Parosana, trouble hazelnut farmers and menace their livelihood – even before their businesses could really take off.
Hybrid car imports are going through the roof in Georgia
Thanks to their fuel economy, the popularity of hybrid cars is increasing in Georgia, where fuel affordability is low and prices for fuel are unstable.
The New Year offer from MAQRO Construction - Apartments with unbelievable discounts and the parking spaces for FREE!
Location, green yard, spaces for various needs, experience of the construction company and parking space are the main important criteria for potential buyers of apartments.
Interview with the co-founder of Kiwi Vegan Café – the first vegan place in Tbilisi
Behind the Kiwi Vegan Café stands a group of activists who wants to raise Georgian’s awareness for animal rights and welfare.
Biblusi opens first shop for tourists - Georgian
The largest book shop in Georgia Biblusi opens the first shop specially designated to the needs and interests of tourists and named it Georgian.
Georgia improves by five ranks in the Prosperity Index
In the overall Prosperity Index rankings, Georgia has climbed by 5 positions from 85 to 80 when compared to last year. As such, Georgia is the best performing country in the CIS zone.
The future is bright for electric cars in Georgia
The numerous hybrid cars in the streets of Tbilisi cannot be overlooked. Entrepreneur Sulkhan Gvalia calls them “pagers”, referring to the predecessor of mobile phones.
Georgia’s fight against the big tiny enemy – Asian Parosana
It’s a tiny creature, but the harm it did to the Georgian agriculture sector was and still is immense.
New cable route: from Kobi to Gudauri in 15 minutes
On the 15th of December, cable transport is scheduled to be opened connecting Kobi and Gudauri.
Tourist boom in Gudauri – majority of hotels are booked by foreigners
Gudauri is among the most popular winter resorts in Georgia.
Medical tourism increases in Georgia
In the last 9 months, Georgia was visited by 19 500 foreigners for medical and recovery purposes.
Doing business in Georgia has become easier than in America
According to the Doing Business 2019 report published by the World Bank, Georgia ranked 6th among 190 countries in terms of simplicity of doing business. This was an improvement over two ranks compared to last year.
Problems that foreigners frequently face in Georgia
The importance of Georgia as a tourism hub is growing year after year.
Tbilisi TV Broadcasting Tower – Better than the Eiffel Tower?
It is planned to renovate the Tbilisi TV Broadcasting Tower, one of the landmarks in the capital.
Georgian Fusion Menu by The Biltmore Hotel Tbilisi
5,895,914 international visitors have visited Georgia between January and August of 2018. Compared to the previous year the number has increased by 12.2 per cent.
Advertising of gambling and lucrative games may become banned in Georgia
Advertising of gambling and lucrative games may become banned in Georgia. Those who violate the new rule would be fined GEL 10 000.
Lebanese café-lounge Beirut opens in Tbilisi
What is necessary to organize an unforgettable event? – Fun, emotions, lots of surprises, good music and delicious menu.
PHOTO OF THE DAY
GEL Exchange Rate
Convertor
21.03.2019
22.03.2019
USD
1
USD
2.6816
2.6793
EUR
1
EUR
3.0439
3.0515
GBP
1
GBP
3.5499
3.5182
RUB
100
RUB
4.1689
4.2031
Other Stories
Recently Toyota rolled out Global Campaign under this slogan that reflects the Olympic and Paralympic Spirit of Encouragement,
A couple from Switzerland combines Swiss tradition and technology with Georgian products. Their cheese is made in the Georgian mountains and sold in local stores and hotels.
It has been more than five years since the residents of Lilo village, near Tbilisi, cannot open their windows.
63 000 GEL was received by the Georgian Agro Export Group which is just a small part of the European Neighbourhood Programme for Agricultural and Rural development.
Georgian entrepreneur Guka Tavberidze, who runs his own business in the UK and does it quite well, has been invited by BBC
The grand opening of 7-star The Biltmore Hotel Tbilisi took place in Georgia’s capital on July 31.
DUSHETI, Georgia – The Georgian government and the World Bank will allocate USD 5.6 million (12 million GEL) to fund
A new Georgian clothing brand named Person has emerged in Georgian market.
Georgia is in the midst of an economic maelstrom, Euronews reports.
Situation at Georgia’s mineral water market is interesting: over the last year, the volume of export has grown by 56 percent. According to “GeoStat”, over $114 million worth of mineral water was sold
GEL Exchange
USD
1
USD
2.6793
EUR
1
EUR
3.0515
GBP
1
GBP
3.5182
RUB
100
RUB
4.2031
March 2019
Mon Tue Wed Thu Fri Sat Sun
1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31