The project “Exsul”, created by GTU students, attracted interest from partners and received an offer of business mentoring at UNI4VERSE – FINEDU 2026

David Greve and Mirian Putkaradze, students from the Faculty of Informatics and Control Systems at the Georgian Technical University – mentored by Professor Nona Otkhozoria – participated in the “UNI4VERSE – FINEDU 2026” competition. The Georgia Innovation and Technology Agency (GITA) organized the event in partnership with the National Bank of Georgia’s “FinEdu” platform. In the final stage of the competition, the students presented “Exsul”, a modern technological platform designed for the management and accounting needs of small and medium-sized enterprises (SMEs). The project received high praise from the competition jury and the partner organizations. Representatives from “Founder University” expressed interest in Exsul’s future development and offered the team business mentoring. Furthermore, TBC Bank selected the student team as a favorite, securing an opportunity for close collaboration with the institution.

According to the Deputy Dean of the Faculty of Informatics and Control Systems at Georgian Technical University, the competition began with an internal selection stage at the university, where students presented their innovative ideas and technological projects. Professor Nona Otkhozoria notes that this selection process was significant for identifying promising student initiatives and fostering their further development.

“As part of the competition, participants attended intensive training sessions and a mentorship program from October 26 to 30 at the Georgian Technical University’s FabLab. The preparatory training process encompassed several interconnected areas: Artificial Intelligence and Machine Learning (AI/ML), software development, entrepreneurship, and prototyping. These sessions aimed to help students build the knowledge and practical skills needed to create modern technological products, define their functional capabilities, and establish business models.

“Exsul”, presented by the students, is an example of precisely this kind of integrated approach. The platform is a modern business management and accounting system designed for small and medium-sized enterprises (SMEs); it consolidates inventory, orders, logistics, finance, and business analytics into a unified digital space. Its concept is based on the principle of centralized business process management, aiming to integrate various operational areas into a single system, improve access to information, and enhance the efficiency of business operations.”

– Professor Nona Otkhozoria

Mirian Putkaradze, a student at the Faculty of Informatics and Control Systems, shares his thoughts on the competition:

“One of the platform’s key features is its technological architecture. “Exsul” is built in Rust, which contributes to the system’s high performance and efficient resource use. The platform incorporates cybersecurity mechanisms on par with quantum encryption, reflecting a specialized approach to data protection and information security. A standout capability of “Exsul” is its offline mode; the system operates without an internet connection and enables synchronization of up to 40 devices without external servers.

This feature is particularly important for business entities whose daily operations don’t depend on continuous internet access, or which need to manage data within a local environment. The platform is compatible with Windows and Android, enabling use across various devices and work environments. Furthermore, the project fully integrates with the systems of RS.ge and TBC Bank, allowing a business to manage its financial and administrative processes within a unified digital environment.”

– Student Mirian Putkaradze

As David Greve, a student from the Faculty of Informatics and Control Systems, noted, the team’s mentor played a pivotal role in the competition submission process.

“Professor Nona Otkhozoria played a significant role in the preparation and submission of our student project. Under her mentorship, we refined the project concept, showcased its functional capabilities, and defined its business potential. Her mentorship went beyond just developing the technological aspects of the idea; it also involved understanding its economic and practical value – a crucial prerequisite for the successful presentation of an innovative product.”

– Student David Greve

According to Professor Taliko Zhvania, Dean of the Faculty of Informatics and Control Systems at the Georgian Technical University, student success matters both for personal and professional development and for strengthening an innovative, practice-oriented educational environment within the faculty.

“I congratulate David Greve and Mirian Putkaradze on their significant achievement in the competition, and I thank Professor Nona Otkhozoria for her contribution to the students’ preparation and professional development. It is especially gratifying that the technological product our students created captured the jury’s and partner organizations’ attention during the final stage of the competition, earning the authors opportunities for business mentoring and collaboration with TBC Bank. This outcome underscores the importance of fostering an academic environment for students where they can apply their knowledge in practice, pursue independent initiatives, and develop innovative solutions to address contemporary technological challenges.”

 – Professor Taliko Zhvania