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Vaida Markevičienė: ‘Lithuania's economy will gain new acceleration’ Vaida Markevičienė: ‘Lithuania's economy will gain new acceleration’ Vaida Markevičienė, Vice Minister of Finance, talked about the purpose of that merger, the expectations set for the new national development agency by the shareholder, and the benefits for the Lithuanian companies, public and agricultural sectors. According to her, the more effective institution... 2023-07-31
Announcement of the selection of the Head of the Green Finance Institute Announcement of the selection of the Head of the Green Finance Institute The Green Finance Institute will be established as a structural unit of the consolidated National Promotional Institution (NPI), under the authority of the head of the NPI, and will be autonomous from the activities of other units of the NPI. 2023-06-08
The Selection of INVEGA Board Members is Announced The Selection of INVEGA Board Members is Announced To assure effective management of the institution and to contribute to smooth consolidation process of the state-controlled financial companies, the Supervisory Council of the National Promotional Institution INVEGA announces the selection of chair and members of the board. 2023-05-22
New INVEGA Supervisory Board elected New INVEGA Supervisory Board elected The new Board of Supervisors of INVEGA, the national promotional institution (NPI), has been selected through an international selection process to ensure its effective governance. 2023-04-07
Experts: Lithuania could become one of the most DeepTech-focused ecosystems Experts: Lithuania could become one of the most DeepTech-focused ecosystems Over the past year, the conflict on the European continent has redefined Western investors' stance on dual-use technology, while the looming recession has reaffirmed the robustness of DeepTech companies. This context prompted a diverse group of panellists to explore the role of emerging... 2023-04-04
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
One of the government’s reforms gets underway – merging national promotional bodies into one One of the government’s reforms gets underway – merging national promotional bodies into one The Lithuanian Government has decided to form a group of national promotional institutions on the basis of INVEGA. The authorised capital will be increased from EUR 8 million to EUR 53.4 million, the value of the companies to be merged. 2022-10-27
Government decides to increase INVEGA’s authorised capital to EUR 53 million Government decides to increase INVEGA’s authorised capital to EUR 53 million On Wednesday, the Lithuanian Government adopted a decision to increase the authorised capital of the national promotional institution UAB “Investicijų ir verslo garantijos” (INVEGA) by EUR 45.4 million, from EUR 8 million to EUR 53.4 million. 2022-10-19
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
Call to submit applications under the instrument "Direct Loans to Business Entities Affected... Call to submit applications under the instrument "Direct Loans to Business Entities Affected by the War" Applications may be submitted until 10 November 2023 2022-10-04
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