Luso, a young entrepreneur from Samshvilde village, is excited to welcome visitors and provide information and services at the “Vulture’s Nest” hub. The name was inspired by the many vultures that can be seen in the nearby canyon and her experiences working as a ranger. However, starting a business and securing funding proved to be challenging. Luso had to navigate the complexities of business development, loan applications, and accounting management. Despite these obstacles, she was able to obtain grants and invest in building Orbis Bude as a tourist center and youth community center.
Meanwhile, Luka Avchaleli also received funding from an economic grant to invest in irrigation equipment for his farm equipment business. These grants require recipients like Luso and Luka to contribute at least 30 percent of the project cost. Since its inception, over 70 entrepreneurs have been funded across different sectors, with agriculture being one of the most popular areas due to its profitability in regions where farmers lack access to modern machinery. This highlights the importance of these grants in providing opportunities for entrepreneurs to grow their businesses and contribute positively to the local economy.
Luso’s determination and hard work paid off as she was able to build a thriving tourist center that offers unique experiences for visitors while providing valuable services for the local community. Similarly, Luka’s investment in irrigation equipment helped him expand his business operations while contributing positively to the agricultural sector.
In conclusion, both Luso and Luka were able to overcome challenges associated with starting a business by obtaining financial support through economic grants. Their success stories demonstrate how such initiatives can provide opportunities for entrepreneurs who may not have had access otherwise while contributing positively to the local economy.