The guarantee institution UAB “Investiciju ir verslo garantijos” (INVEGA) was established by the Republic of Lithuania Government Resolution No. 887 of 11 July 2001 on Small and Medium-sized Business Development. The Ministry of Economy was tasked with the performance of the company founder and supervisor’s functions.

On 17 October 2018, the Government of the Republic of Lithuania granted INVEGA status of a National Promotional Institution.

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