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Open Call for fund managers to implement the financial instrument “Development Funds III” Open Call for fund managers to implement the financial instrument “Development Funds III” Application Deadline is 30 June 2029. 2023-03-27
The last meeting of Local Stakeholders of the INNOVA-FI project took place The last meeting of Local Stakeholders of the INNOVA-FI project took place The scope of the meeting was to inform the participants about the results of the INNOVA-FI project. Special emphasis was placed on outcome from the final event of the INNOVA-FI project, which was held on February 8-9, 2023, in the island of San Miguel in the Azores, Portugal. 2023-02-21
Innova-FI Final Event Innova-FI Final Event The "Innova-FI Final Event" took place on February 9th at the Octant Hotel in the Azores, gathering all interested parties to celebrate the end of the 5-year Project "Innova-FI". 2023-02-15
Lithuanian startups prepare for 2023 challenges as the economy slows down Lithuanian startups prepare for 2023 challenges as the economy slows down Venture capital managers started investing more conservatively last year. According to Crunchbase, a business information company, the volume of venture capital investments in the world amounted to approximately USD 445 billion in 2022, which was about 35% lower compared to a year ago. The flow... 2023-02-08
Innova-FI’s 10th Exchange of Experience Innova-FI’s 10th Exchange of Experience Innova-FI consortium had the opportunity to gather in the beautiful city of Bielsko-Biała, Poland, for the 10th Exchange of Experience of the project. The city, which is also known as the city of 100 industries, lives up to its name and was the perfect location for the event hosted by Patrycja... 2022-11-25
Selection of Independent Members of the Supervisory Board of private limited liability company... Selection of Independent Members of the Supervisory Board of private limited liability company INVEGA is announced The Ministry of Finance of the Republic of Lithuania initiates and announces the selection of candidates to the positions of independent members of the board (4 members) of private limited liability company Investicijų ir verslo garantijos. 2022-10-12
INVEGA starts providing loans to Lithuanian businesses affected by the war. What do you need to... INVEGA starts providing loans to Lithuanian businesses affected by the war. What do you need to know? In order to help Lithuanian businesses affected by the war in Ukraine, INVEGA starts providing loans to finance working capital and investment projects under the incentive financial instrument of the Ministry of Economy and Innovation "Direct Loans to Business Entities Affected by the War". EUR... 2022-10-04
INVEGA has signed Guarantee Facility Agreement with Taiwan Eximbank INVEGA has signed Guarantee Facility Agreement with Taiwan Eximbank INVEGA has signed Guarantee Facility Agreement with Taiwan Eximbank to facilitate bilateral trade between Lithuania and Taiwan. 2022-09-08
“VS Fitness” is not going to stop: it plans to open 7 more sport clubs in Lithuania “VS Fitness” is not going to stop: it plans to open 7 more sport clubs in Lithuania Although businesses have returned to their ordinary rhythm, expansion is still considered cautiously. It was caused by post-covid situation that still makes to consider well the made financial decisions, especially related to borrowing. However, company UAB “VS Fitness” is an excellent example... 2022-07-19
Innova-FI’s 9th Exchange of Experience Innova-FI’s 9th Exchange of Experience On the first day of this 9th Exchange of Experience, Rogério Gouveia, Madeira’s Regional Secretary of Finances, and Alexandre Almeida, from the Portuguese Agency of Innovation (ANI), welcomed the partners before learning about Madeira’s Innovation System and Smart Specialization Strategy with the... 2022-07-12
We invite you to submit applications for the implementation of the incentive financial instrument... We invite you to submit applications for the implementation of the incentive financial instrument "Portfolio... End of submission of applications - until the funds allocated for the implementation of the Measure are distributed to eligible financial intermediaries, but no later than 31 December 2023. 2022-07-11
INVEGA loans will help businesses affected by informal Chinese sanctions to target new markets INVEGA loans will help businesses affected by informal Chinese sanctions to target new markets Due to restrictions imposed by China since the last autumn, Lithuanian business entities face export and import disturbances, products stuck in China and are losing the Chinese market and suppliers of raw materials. Goods from China are diverted to other points of delivery outside Lithuania,... 2022-06-15
INVEGA starts providing aid guarantees for loans and financial lease transactions of businesses... INVEGA starts providing aid guarantees for loans and financial lease transactions of businesses affected by the... INVEGA starts granting individual aid guarantees to financial intermediaries for loans they issue to and financial lease transactions with enterprises of all sizes, affected by the crisis caused by the Russian war against Ukraine. 2022-06-09
New in Lithuania: INVEGA will grant direct loans "Perspektyva" to businesses that are... New in Lithuania: INVEGA will grant direct loans "Perspektyva" to businesses that are developing innovative products INVEGA starts granting businesses direct loans Perspektyva, which are intended for industrial research and/or experimental development and innovative activities aimed at exploitation of research results and inventions in order to develop and upgrade the production of products and provision of... 2022-05-31
Venture capital funds are creating crisis-resistant ecosystem of starts-up Venture capital funds are creating crisis-resistant ecosystem of starts-up The new and relevant ideas created during the pandemic not only revived the investments, but also turned the starts-up into one of the strongest and the most resistant sectors. However, in order to receive funding, not only the idea, but also the preparation and determination to work with the... 2022-05-10
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