The FINANCIAL — International Forum of Innovations for Hospitality and Tourism Industry to be held in Georgia, will enable us to conduct a similar competition within our country and support the process of generating new ideas,” – the First Vice Prime Minister of Georgia, the Minister of Economy and Sustainable Development Dimitry Kumsishvili stated upon the signing of the Memorandum of Understanding with the Danish organization of the Creative Business Cup Foundation.
The memorandum aims to hold the International Forum of Innovation and Hospitality in Georgia, according to Ministry of Economy and Sustainable Development of Georgia.
The founder and the CEO of the Creative Business Cup Foundation, Rasmus Tscherning as well as the Founder and Director of the Creative Business Cup Georgia, Gela Suli signed the Memorandum. Georgian students and start-uppers also attended the event, which was held in the Tech Park of Georgia.
Danish organization has been implementing the innovations competition and investors’ forum since 2012. At first, 17 countries participated in the event while their number exceeds 60 today.
The First Vice Prime Minister, Dimitry Kumsishvili stated that the Creative Business Cup Foundation collects innovative ideas around the world and identifies the winners after their selection and examination, which is followed by significant commercialization. “Today we have agreed that the selection process of such innovative ideas around the world as well as the final stage to identify the winners will take place in Georgia, which is of course very important to the hospitality industry and especially for our country, for which tourism is generally very important. What will it do to our country? First of all, it is an opportunity to discuss the most interesting and innovative ideas in our country that will be generated in hospitality business worldwide throughout the year, which will certainly be more efficient and attractive than the usual services in this direction,” – the First Vice Prime Minister stated. “On the other hand, it will give us the opportunity to conduct our competitions within our country and of course to support the new ideas. In the end, it will give our country more sophisticated and improved services that we can offer to tourists,” – the First Vice Prime Minister, Dimitry Kumsishvili noted.