Georgia Compact II

The compact seeks to improve the quality of education in the science, technology, engineering, and math (STEM) fields and increase the earning potential of Georgians through strategic investments from the start of a student’s general education to graduation from technical training and advanced degree programs. The compact includes a focus on increasing women’s participation in STEM professions.

The compact builds on the success of Georgia’s first compact with MCC, completed in April 2011, which rehabilitated a major highway, improved energy and water security and supported agribusinesses. The investments supplemented Georgia’s efforts to promote stability, good governance and private enterprise development in the years following the 2004 Rose Revolution.

Names and boundary representation are not necessarily authoritative.

Milestones in Compact Development

Milestones in Compact Development
Milestone Date Description
Compact Signed July 26, 2013 MCC and the Government of Georgia signed a $140 million dollar compact to improve the quality of education in the science, technology, engineering, and math (STEM) fields and increase the earning potential of Georgians through strategic investments from the start of a student’s general education to graduation from technical training and advanced degree programs. The compact includes a focus on increasing women’s participation.
CN on Intent to Sign Compact June 19, 2013 MCC notified congress of plans to sign the compact with the Government of Georgia.
Board Approval June 12, 2013 MCC's Board approved the proposed Georgia Compact, which will strengthen teaching, learning and educational institutions in Georgia so that students can learn skills that are directly matched to industries driving growth. A better-educated workforce will accelerate economic growth and stimulate job creation.
CN on Intent to Negotiate April 9, 2013 MCC notified congress of plans to negotiate the compact with the Government of Georgia.
Concept Paper Received December 16, 2011 Building on the Georgian government’s proposal, MCC and the government agreed to strategic investments in education. Proposed compact investments are planned from the start of a pupil’s school career in first grade through graduation from technical training or advanced degree programs, positioning Georgians who benefit from proposed compact-funded investments to earn higher incomes.
Constraints Analysis July 15, 2011 An analysis of economic growth in Georgia conducted by the Georgian government identified human capital and transportation infrastructure as binding constraints to future growth.
Eligibility Notification January 5, 2011 On January 5, 2011, MCC’s Board of Directors selected Georgia as eligible to develop a proposal for a second compact.