Technology Startup Based on AI 'Kvalifika' Received a GEL 650,000 Grant from GITA
Summary
Within the framework of the grant program of the Georgian Agency for Innovation and Technology, Startup Kvalifika has won GEL 650,000, which is a technology startup based on artificial intelligence and offers businesses self-service of customer identification and verification.If before the customer needed to visit the organization to verify his or her identity, now it can be done in 2 minutes, from anywhere, via smartphone or computer. There are many companies in the internet banking, insurance and other leading industries that need similar services. The advantage of qualifications lies in the simplicity of the product - the service can be used even without integration, which significantly saves the development resource.Startup Kvalifika named the main goal at this stage to increase the global market. The 50 650,000 grant from the Agency for Innovation and Technology will be spent on further product development and active growth in the region and the global market.Georgian Innovation and Technology Agency launched a GEL 650,000 grant program with financial support from the World Bank on May 22, 2019. The program funds a product with global potential - technological or business process innovation, which will be clearly associated with Georgia.