Skip links

ABOUT THE FUND

Building a Sustainable Future for the South Caucasus

The Caucasus Fund – Innovation and Development Alliance brings together investors, public institutions, businesses, experts and technology partners to support initiatives with long-term economic, environmental and social value.

Our mission is to attract investment, innovation and modern technologies for the sustainable development of the South Caucasus, promote environmentally and economically efficient solutions, and strengthen cooperation between international and regional stakeholders.

We combine regional knowledge, international expertise and cross-sector cooperation to identify opportunities, connect relevant stakeholders and support the development of sustainable projects.

Sustainable Development

Sustainable Development

Supporting initiatives that create lasting economic, environmental and social impact.
Investment Promotion

Investment Promotion

Connecting international investors with promising projects and opportunities across the region.
Innovation and Technology

Innovation and Technology

Encouraging the adoption of advanced technologies and modern infrastructure solutions.
Regional Cooperation

Regional Cooperation

Strengthening cooperation between institutions, businesses, experts and project developers.

Why the South Caucasus Matters

Sustainable development is becoming a key driver of economic growth, improved quality of life and responsible management of natural resources. The South Caucasus is one of the key corridors connecting Europe and Asia, as well as the North and the South. Its strategic location creates significant opportunities for investment, innovation, infrastructure development and international cooperation.

The region connects major markets, transport routes and economic areas across Europe and Asia.

The South Caucasus offers opportunities in energy, technology, healthcare, construction, tourism and logistics.

Responsible investment can create employment, strengthen infrastructure and improve regional resilience.

Renewable Energy

Clean energy and
energy-efficient
infrastructure

Learn more

Digital Technologies

Data centres, artificial intelligence and digital infrastructure

Learn more

Healthcare and Wellness

Medical infrastructure,
clinics, rehabilitation and wellness

Learn more

Infrastructure & Logistics

Construction, transport corridors, ports and logistics systems

Learn more
Sustainable Development
Investment Promotion
Innovation
Regional Cooperation

Governance & Leadership

Our leadership brings together extensive experience in diplomacy, international cooperation, investment, healthcare, energy, infrastructure and sustainable development.

Amb. Valeri Chechelashvili

Fund Representative

Ambassador Valeri Chechelashvili holds a PhD in International Economics and has more than three decades of experience in diplomacy, international economic cooperation and public administration.

He has served as Georgia’s Ambassador to Ukraine and the Russian Federation, Minister of Finance, and Secretary General of both BSEC and GUAM. He currently serves as Director of the Caucasus Fund – Innovation and Development Alliance.

GIA KOBAKHIDZE

Chairman of the Supervisory Board

Gia Kobakhidze is a medical doctor and PhD with a professional background in otolaryngology and surgery.

Following his medical career in Georgia and Russia, he expanded into private investment and commercial real estate. His experience combines healthcare, entrepreneurship and strategic investment management.

LILIAN NASKIDASHVILI

Project Coordinator

Lilian Naskidashvili is a specialist in international relations, sustainable development and European cooperation.

She holds a Master’s degree in Sustainable Development and Global Governance and has experience in international projects, investment promotion, strategic partnerships and EU-funded programmes. Her work focuses on connecting investors, institutions and innovative initiatives that contribute to the sustainable economic development of Georgia and the South Caucasus.

ALEXANDER NASKIDASHVILI

Project Coordinator

Alexander Naskidashvili is a Systems Technology Engineer with extensive experience in automated control systems for energy and industrial facilities.

His expertise covers nuclear and hydropower engineering, energy infrastructure, process automation, and the logistics and storage of petroleum products. He has also provided engineering consultancy and technical advisory services for complex infrastructure and energy projects.