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Open Call for fund managers to implement the financial instrument “Development Funds III”
2023-03-27
Open Call for fund managers to implement the financial instrument “Development Funds III”
For financial intermediaries
Application Deadline is 30 June 2029.
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The last meeting of Local Stakeholders of the INNOVA-FI project took place
2023-02-21
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...
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Innova-FI Final Event
2023-02-15
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".
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Lithuanian startups prepare for 2023 challenges as the economy slows down
2023-02-08
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...
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Innova-FI’s 10th Exchange of Experience
2022-11-25
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...
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One of the government’s reforms gets underway – merging national promotional bodies into one
2022-10-27
One of the government’s reforms gets underway – merging national promotional bodies into one
For Enterprise For financial intermediaries
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.
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Government decides to increase INVEGA’s authorised capital to EUR 53 million
2022-10-19
Government decides to increase INVEGA’s authorised capital to EUR 53 million
For Enterprise For financial intermediaries
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.
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Selection of Independent Members of the Supervisory Board of private limited liability company...
2022-10-12
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.
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INVEGA starts providing loans to Lithuanian businesses affected by the war. What do you need to...
2022-10-04
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...
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INVEGA has signed Guarantee Facility Agreement with Taiwan Eximbank
2022-09-08
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.
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“VS Fitness” is not going to stop: it plans to open 7 more sport clubs in Lithuania
2022-07-19
“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,...
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Innova-FI’s 9th Exchange of Experience
2022-07-12
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...
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INVEGA loans will help businesses affected by informal Chinese sanctions to target new markets
2022-06-15
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...
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INVEGA starts providing aid guarantees for loans and financial lease transactions of businesses...
2022-06-09
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.
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New in Lithuania: INVEGA will grant direct loans "Perspektyva" to businesses that are...
2022-05-31
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...
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