| Financier | Commitments |
|---|---|
| Miscellaneous 1 | 0.77 |
Technology Transfer Pilot Project
Abstract*
The TTP will provide support in three core areas:
• Commercialization support by providing advice on all steps of the technology transfer process, from disclosure submission, to technology evaluation for commercial readiness, negotiation with commercial partners and, after transaction monitoring support. The project will also provide capacity building support to GITA on financial management.
• Financing of product development services for selected... Show More
Development Objective
The objective of the project is to test the potential for technology transfer (i.e. commercializing science research) in Georgia. The project will use industry best practices to detect projects with commercialization potential and approach potential investors with a view to initiating deals on behalf of Georgian research and development institutions.
Key Details
Project Details
P169599
Closed
Ifeyinwa Bonheur
Ministry of Economy and Sustainable Development
December 19, 2018
(as of board presentation)
June 9, 2020
July 27, 2020
US$ 0.77 million
Georgia's Innovation and Technology Agency
2020
US$ 0.77 million
N/A
Not Applicable
December 20, 2021
Yes
BANK APPROVED
November 27, 2023
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | N/A |
| Lending Instrument | |
|---|---|
| Grant Amount | 0.77 |
| Total Project Cost** | 0.77 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
Detailed Financial Activity as of March 31, 2025
No data available.
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Overall | Moderable | 2022-06-07 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2022-06-07 |
| Progress towards achievement of PDO | Satisfactory | 2022-06-07 |
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-22-2022 |
|---|---|
| Outcomes | Moderately Satisfactory |
| Risk to Development Outcome | |
| Bank Performance | Substantial |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Technology Transfer Transactions closed Value 0.00 1.00 0.00 Date December 19, 2018 December 20, 2021 June 2, 2022 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Technology Transfer Service Lines Deployed Value 0.00 1.00 1.00 Date December 19, 2018 December 20, 2020 June 2, 2022 Comment Technology transfer transactions initiated Value 0.00 1.00 4.00 Date December 19, 2018 December 20, 2020 June 2, 2022 Comment Beneficiaries reached through technology transfer one-to-one facilitation by GITA Value 0.00 15.00 22.00 Date December 19, 2018 December 20, 2021 June 7, 2022 Comment