Georgia’s Startup Accelerator Ecosystem: Deep Dive

The Accelerator Conundrum is a multipart series that challenges the prevailing wisdom of the tech startup ecosystem that entrepreneurs should Blitzscale out of the gate. Written by Sramana Mitra, the Founder and CEO of One Million by One Million (1Mby1M), the world’s first global virtual accelerator, it emphatically argues that a better strategy is to Bootstrap First, Raise Money Later, focus on customers, revenues and profits. 1Mby1M’s mission is to help a Million entrepreneurs reach a million dollars in annual revenue and beyond. Sramana’s Digital Mind AI Mentor virtually mentors entrepreneurs around the world in 57 languages. Try it out!

Here are the major players in Georgia’s (Caucasus) accelerator / startup-support ecosystem, how they work, what they deliver, and how they compare to what 1Mby1M (plus Digital Mind AI Mentor) offers.

Featured Videos

Colors: Hidden Impressions VII

I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – one of my paintings – and I request you to spend a minute or two deeply meditating on it. I urge you to watch your feelings, thoughts, reactions to the piece, and write what comes to you, what thoughts it triggers, in the dialog area. Let us see what stimulation this interaction yields. For today – Hidden Impressions VII

Hidden Impressions VII | Sramana Mitra, 2023 | Watercolor, Ink, Pastel | 9  x 12, On Paper

November 13 – 708th 1Mby1M Mentoring Roundtable for Entrepreneurs

Entrepreneurs are invited to the 708th FREE online 1Mby1M Mentoring Roundtable on Thursday, November 13, 2025, at 8 a.m. PST / 11 a.m. EST / 5 p.m. CET / 9:30 p.m. India IST.

If you are a serious entrepreneur, register to Pitch and sell your business idea. You’ll receive straightforward feedback, advice on next steps, and answers to any of your questions. Others can register to Attend to watch, learn, and interact through the online chat.

You can learn more here and REGISTER TO PITCH OR ATTEND HERE. Register and you will receive the recording by email, even if you are unable to attend. Please share with any entrepreneurs in your circle who may be Interested.

Video FAQs

707th 1Mby1M Roundtable Recording

In case you missed it, you can listen to the recording of this roundtable here:

Roundtable Recap: November 6 – Be Careful About Rock-Bottom Pricing Strategy

During this week’s roundtable, we had three entrepreneur pitches.

Innotek Furniture Fittings

Up first we had Udayan Dave from Ahmedabad, India, pitch Innotek Furniture Fittings – a brick and mortar furniture components business with aspirations to broaden into multi-channel. The company is already in revenue.

ContentLens.ai

Next, we had Rohan Sahu from Bangalore, India, pitch ContentLens.ai – an AI authenticity protection venture working with a top-three record label. 

Flixoolive

Then we had Kashyap Kedia from Kolkata, India pitch Flixoolive – a SaaS offering for brick-and-mortar SME luxury retailers to operate multi-channel businesses including e-commerce. Their pricing needs work.

You can listen to the recording of this roundtable here:

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Georgia’s Startup Accelerator Ecosystem: Why 1Mby1M Is a Game Changer

The Accelerator Conundrum is a multipart series that challenges the prevailing wisdom of the tech startup ecosystem that entrepreneurs should Blitzscale out of the gate. Written by Sramana Mitra, the Founder and CEO of One Million by One Million (1Mby1M), the world’s first global virtual accelerator, it emphatically argues that a better strategy is to Bootstrap First, Raise Money Later, focus on customers, revenues and profits. 1Mby1M’s mission is to help a Million entrepreneurs reach a million dollars in annual revenue and beyond. Sramana’s Digital Mind AI Mentor virtually mentors entrepreneurs around the world in 57 languages. Try it out!

Accelerators are not just programs. They are levers that can either amplify or diminish the potential of early-founders. In The Accelerator Conundrum, I laid out how founders should evaluate accelerators by asking: What is the cost — equity or fees? What duration and intensity? How accessible (virtual vs physical)? How deep and strategic is the mentorship and curriculum? What network and investor access is delivered? Does the program align with founder goals (bootstrap vs VC)? And importantly — what ongoing support and pre-product, pre-revenue, or even pre-idea help is available?

1Mby1M Virtual Accelerator AI Investor Forum: Sandeep Sardana, BluePointe Ventures (Part 5)

Sramana Mitra: Let me give you what I’m thinking. It’s slightly different from what you’re thinking.
Where I agree with you completely is that it’s not here yet. I actually do not think you are saying that AGI is here. AGI is not here yet.

1Mby1M Virtual Accelerator AI Investor Forum: Sandeep Sardana, BluePointe Ventures (Part 4)

Sramana Mitra: There’s no question there’s value, especially in our world. Non-technical founders were always at a disadvantage. Now they can prototype and get to MVP quickly because of no-code tools, but the products still need to be built. No-code products don’t always scale or sustain.