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.
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.
Infrastructure & Logistics
Construction, transport corridors, ports and logistics systems
Learn moreGovernance & 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.
