On 5 October, a Memorandum of Understanding was signed between CENN and the International School of Economics at Tbilisi State University (ISET) to support the development of circular economy and green entrepreneurship through education, with the support of EU4Youth.
CENN – the Caucasus Environmental NGO Network – implements the EU4Youth project on ‘Social Entrepreneurship Ecosystem Development (SEED) for Green Growth in Borderline Communities’.
The memorandum will ensure the renewal of the circular economy course at ISET and the development of additional activities for students.
"The main goal of the memorandum is to promote modern education and the development of a sustainable and inclusive future,” said Nana Janashia, Executive Director of CENN. “Circular economy is an economic model that is considered a catalyst of sustainable development and green growth. CENN is pleased to contribute to the introduction of the Circular Economics course and to the promotion of this topic among young people.”
ISET Director Tamar Sulukhia said circular economics was vital for sustainable development and had become an important element of the ISET curriculum. “This course, combined with other key knowledge and skills that future economists will master at ISET, will enable them to work on key economic issues and participate in local and global development decisions.”
The Circular Economics Course was first introduced at ISET by CENN at undergraduate level in 2019, as part of a USAID-funded project on waste management. The course is now being renewed within the framework of CENN’s EU-funded SEED project, which means that additional topics focusing on green entrepreneurship will also form part of the course.
In addition to the circular economy, the course will now also include topics such as natural systems and environmental challenges, green start-up ecosystem and opportunities, as well as developing green and sustainable business models.
The main goal of the EU-funded EU4Youth SEED project, under which the course will be renewed, is to create a favourable ecosystem for the development of social entrepreneurship and green innovation in the border regions of Georgia (Gori, Akhmeta, Ninotsminda) and Armenia (Lori, Tavushi, Shirak). The aim of the project is to discover the entrepreneurial potential in the most vulnerable municipalities and to promote entrepreneurship opportunities among youth.