Draft Call for Expression of Interest and Terms and Conditions for the "Accelerator 3"
ILTE invites stakeholders to submit their comments on the draft Call for Expression of Interest and the Terms and Conditions for the "Accelerator 3" - new risk capital instrument, initiated by the Ministry of Economy and Innovation.
"Accelerator 3" is designed to accelerate the growth of start-ups, foster technological development and innovation, and encourage investment in micro, small, and medium-sized enterprises (MSMEs) that align with the smart specialization strategy.
This EUR 18,6 M financial instrument will be supported by the Innovation Promotion Fund, which is co-financed by the European Regional Development Fund. The selected fund manager, chosen by ILTE, will be responsible for securing additional investments from independent private investors.
Interested parties are encouraged to provide feedback on the draft documents:
Draft Call for Expression of Interest and Terms and Conditions.
Please submit your comments by October 25, 2024 via email to akceleravimas@ilte.lt
The finalized Call for Expression of Interest will be published in December 2024. Please note that the final conditions may differ from the current draft under review.