The investors consist of a Swiss and a Georgian couple.
They opened their private school ‘Authorized Sixth School’ in 2011 with 225 students enrolled. The school has a good reputation and every year more students join. The school fees are adjusted to the local market and the profit is reinvested. Ten percent of the total school fees charged are used to subsidize classes for talented children of low income families.
The loan of the SECO Start-up Fund was needed to co-finance expenditures for the building, installations, equipment and to use as working capital.