What are the benefits?
The principal purpose of the Fund under which two Funds shall be established is to promote the risk capital market and facilitate access for MSEs in Lithuania to long term equity and quasi-equity financing and provide training on company building, team forming, legal, fundraising, pitch, sales and product etc. trainings, consulting or lectures.
What companies are eligible?
Micro and small-sized enterprises.
What is the maximum amount?
Indicative Funding Allocation EUR 13.47 million funded by the European Regional Development Fund (ERDF).
How does it work?
Enterprises will be able to receive funding after a contract has been signed with the managers and the required amount of private funds has been attracted to the Funds.