The Feasibility Study for Setting up and Developing iHUBs in Tbilisi

The Study has been prepared. It provides an assessment of the economic, political and security environment for the establishment and growth of iHUBs in Tbilisi. In addition, Seed Forum implemented for the first time Demand Side Analysis with an objective to understand the needs of Georgian companies for business and innovation support services.

Establishment of the Seed Forum Georgia Foundation

On 23rd of February 2016, the Seed Forum Georgia Foundation has been registered as a “Non-Entrepreneurial (Non-Commercial) Legal Entity” with an ID number 405137427 and appointed Executive Director Ilia Ghlonti.

The Business Plans for iHUB Tbilisi

The Business Plans elaborates the iHUBs in detail and provides the roadmap to move them forward. It starts with a clear mission and goals, and addresses all aspects of HUBs operations, including organization structure, the types of services that would be provided to client companies, marketing to prospective clients, selection and screening of applicants, staffing, site and facility, budget, and an implementation schedule. The Business Plan has been finalized end of September 2016.

iHUBs in Tbilisi has been opened and is operational

The renovation, refurbishment and reparation were finalized in May 2016 and the iHUB was officially opened on 24 May 2016. The new attractive space of 300 m2  has 40 workstations, and its event zone can host 50 people. It already hosts five tenants and its fully operational since early autumn 2016. The iHUB team has been appointed and trained. It has four full time members including the iHUB Manager.

iHUB staff trained and in operation

ACCESS’s success factor in securing sustainability is to recruit and train local staff/managers from day one and give them responsibility step by step. Management of iHUBs follows the guidelines and instructions stated in a developed “iHUB Management Manual” (integral part of the Seed Forum approach/system).