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INVEGA Transforms into ILTE: Striving to Drive Lithuania’s Economic Growth INVEGA Transforms into ILTE: Striving to Drive Lithuania’s Economic Growth The national development institution, which manages a portfolio valued at €1.4 billion, will now operate as ILTE UAB and present itself to the market under a new brand name. ILTE aims to be a major contributor to the country's economic growth, with an ambition to generate 1% of GDP annually...
Funds Prioritize Dual-use Tech Startups: Investing in Innovation and Security Funds Prioritize Dual-use Tech Startups: Investing in Innovation and Security "Historically, much of the fundamental technology has been developed for military purposes. Not many people know that Silicon Valley's origins include a military demand for semiconductors, driven by the geopolitical space race. Many early DeepTech innovations, such as the internet, were initially...
Regarding the Dismissal of a Member of the Supervisory Board Regarding the Dismissal of a Member of the Supervisory Board The Minister of Finance, Gintarė Skaistė, has signed a decree dismissing Saulius Galatiltis from his position as a member of the Supervisory Board of INVEGA, effective June 14, 2024. Saulius Galatiltis also served on the Audit and Risk Management Committee reporting to the Supervisory Board of...
Apply and become Fund manager of financial instrument Venture Capital III Apply and become Fund manager of financial instrument Venture Capital III INVEGA invites fund managers to apply for implementation of the new instrument “Venture Capital Fund III”.  The objective is to encourage the creation, growth and development of small of medium-sized enterprises (SME), including start-ups, as well as investing in SMEs, which contribute to Smart...
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