What are the benefits?

Support of €2,000 to cover the costs of business consultations over a period of 6 months.

Who may apply?

Entrepreneurs, micro small, small and medium enterprises that have been operating for up to three years.

What is the maximum amount?

Eligible applicants Project promoter’s place of registration Amount of compensation Fixed hourly rate of consultations Consultation topics
SMEs in operation up to 1 year Municipalities of Vilnius, Kaunas and Klaipėda Cities 75 %  

€53.04/hour exclusive of VAT

€63.54/hour inclusive of VAT

Business planning, taxes and accounting, support to business, sources of business financing, product/service development and sales, marketing, contract execution and management, document drafting and management, HR management, labour law and safety
All other municipalities 85 %
SMEs in operation between 1 (inclusive) and 3 years

 

Municipalities of Vilnius, Kaunas and Klaipėda Cities 65 % €63.04/hour exclusive of VAT

€75.64/hour inclusive of VAT

Corporate strategy, operations processes and performance, marketing, corporate image building, corporate finance management, sales and negotiations, investments and sources of financing, legal aspects, project management
All other municipalities 75 %

How does it work?

To make use of the measure you have to submit an application to INVEGA. The list of consultants and consultation topics is available on the website of the Business Consultants Network.

How is the amount of compensation calculated?

Sample calculation: a business has been operating between 1 and 3 years, is registered in the Municipality of Klaipėda City and is charged a fixed hourly rate of €63.04/hour, then for a 10-hour consultation the business shall be reimbursed as follows: 10*63.04*65% = €409.76.

INVEGA will receive information about the number of actual consultations and their duration in hours from the Business Consultants Network.

 

 

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