All instruments for Public Sector

Soft Loans Loans for higher education and vocational training infrastructure Loans for external and internal renovation of scientific infrastructure, renovation of utility networks and systems, and construction of new buildings

Soft Loans Loans for investments, including sustainable investments, into agricultural holdings A borrower can be given one loan for sustainable investments into agricultural holdings and one loan for investments into agricultural holdings.

Soft Loans Loans for setting up of young farmers Loans under this financial instrument can be granted for the financing of investments and/or working capital.

Soft Loans Loans to public buildings of central government Preferential loans for the renovation of central government public buildings by increasing energy efficiency shall be financed to ensure the obligation of Directive 2012/27/EU of the European Parliament and of the Council.

Soft Loans Municipal Building Fund For municipal administrations, enterprises belonging to municipalities and a private enterprise of electricity system commercial operators

Soft Loans Open Credit Fund 3 The share of OCF3 per one loan must not be more than 75 per cent, and in any event may not be in excess of EUR 750 thousand

Soft Loans Perspektyva Loans up to EUR 1 million

Soft Loans Pokytis Loans for industrial enterprises up to EUR 10 million.

Soft Loans Risk-sharing loans of the EAFRD Financial Instruments Fund The soft loan is worth taking advantage of because up to 75 % of the loan is at zero interest from the facility's funds and the rest, at the financial intermediary's rate, is at the financial intermediary's interest rate.

Soft Loans Startuok Loans up to EUR 3 million in case of investment financing and up to EUR 200 thousand in case of supplementation of the circulating assets

Soft Loans Water Management Fund Loans for the reconstruction of drinking water networks and/or to finance the development and/or reconstruction of wastewater collection networks

Soft Loans Alternatyva Instrument - Alternative Lending for Businesses Alternatyva financing is possible under the market conditions and as de minimis aid

Instrument implemented

Soft Loans Direct COVID-19 Loans The maximum amount per loan is EUR 100 thousand

Instrument implemented

Soft Loans Direct COVID-19 loans (Phase II from 10/02/2022) Loans for investments up to EUR 3 million

Instrument implemented

Soft Loans Direct loans to business entities affected by actions of third countries Loans up to EUR 5 million

Instrument implemented

Soft Loans Direct loans to business entities affected by the war Loans up to EUR 10 million

Instrument implemented

Soft Loans Entrepreneurship Promotion Fund 2014—2020 (EPF2) Loans granted to micro and small companies or natural people operating up to 1 year

Instrument implemented

Soft Loans Loans for Invoices Payable Maximum amount of the loan is EUR 500 thousand

Instrument implemented

Soft Loans Loans for Providers of Accommodation and Catering Services Maximum amount of the loan is EUR 3 million

Instrument implemented

Soft Loans Loans for Travel Service Providers Maximum loan is up to EUR 3 million

Instrument implemented

Soft Loans Loans to Businesses Most Affected by COVID-19 Maximum loan amount is up to EUR 1 million

Instrument implemented

Soft Loans Open Credit Fund 2 Maximum amount of financing per loan is EUR 600 thousand

Instrument implemented

Soft Loans Preferential Loans in the Period of Russia‘s Aggression against Ukraine Economic operators meeting the criteria for the preferential loan can receive up to EUR 500,000.

Instrument implemented

Soft Loans Risk-Shared Loans The maximum amount of the loan per SME is EUR 4 million

Instrument implemented

Guarantees Guarantees for Financial Lease (Leasing) This financial instrument helps businesses in cases of insufficient or unattractive collateral and enable them to obtain more favourable terms of financing.

Guarantees Guarantees for street lighting By granting a guarantee, INVEGA undertakes to reimburse the creditor and/or the financier for the borrower’s outstanding obligations under the loan agreement granted to finance the urban street lighting modernisation project.

Guarantees (Portfolio guarantees) Portfolio guarantees 3 A portfolio guarantee secures 80% repayment of a loan

Guarantees (Individual guarantees) Compensation for the Guarantee Fee to Entities in the Fisheries Sector Part of the guarantee fee is compensated for to entities in the fisheries sector.

Guarantees (Individual guarantees) Export Credit Guarantees Export credit guarantees enable the companies to expand their export markets in the countries with non-marketable risks

Guarantees (Individual guarantees) Guaranteed Leasing The guarantees provided by INVEGA help solve the issue of insufficient or unattractive securities for financial institutions and facilitate access to financing sources

Guarantees (Individual guarantees) Guarantees for Large Companies The maximum amount of the guarantee may not exceed EUR 1,5 million

Guarantees (Individual guarantees) Guarantees to VšĮ Kaimo verslo ir rinkų plėtros agentūra Guarantees for the loans received by VšĮ Kaimo verslo ir rinkų plėtros agentūra are provided.

Guarantees (Individual guarantees) Individual Guarantees for Loans The maximum amount of the guarantee may not exceed EUR 5 million

Guarantees (Individual guarantees) Loan Guarantees Offer solutions to unattractive or insufficient conditions and facilitate the access to the funding sources.

Guarantees (Portfolio guarantees) Portfolio Guarantees for Factoring Transactions Maximum limit per factoring is EUR 1875 thousand

Instrument implemented

Guarantees (Portfolio guarantees) Portfolio Guarantees for Factoring Transactions 2 The maximum amount of one factoring limit is EUR 1875 thousand

Instrument implemented

Guarantees (Portfolio guarantees) Portfolio Guarantees for Lease Transactions A portfolio guarantee secures the repayment of 80% of the principal amount of leasing to a financial institution

Instrument implemented

Guarantees (Portfolio guarantees) Portfolio Guarantees for Loans A portfolio guarantee secures the repayment of 80 percent of the principal amount of the loan to a financial institution

Instrument implemented

Guarantees (Portfolio guarantees) Portfolio Guarantees for Loans 2 The amount of the guaranteed loan is up to EUR 5 million

Instrument implemented

Guarantees (Individual guarantees) Individual guarantees during the period of Russia‘s aggression against Ukraine Individual guarantees are provided to financial institutions in respect of loans and leasing services provided to economic operators to support their economic activities.

Instrument implemented

Guarantees (Individual guarantees) Aid guarantees for loans and financial lease transactions INVEGA aid guarantees facilitate access to financing sources for businesses affected by the crisis caused by the military aggression of the Russian Federation against Ukraine

Instrument implemented

Guarantees (Individual guarantees) Guarantees to Secure Fulfillment of Obligations of Travel Services Providers

Instrument implemented

Global grants Compensation for interest for economic operators engaged in alternative activities 80% of interest paid to the financial institution or leasing company is compensated.

Global grants Compensation for interest to entities operating in the fisheries sector 30% of interest paid on a loan and/or leasing services of the loan/leasing agreement is compensated.

Global grants Compensation for the guarantee fee to entities engaged in alternative activities 80 % of the guarantee fee is compensated

Global grants Compensation for the guarantee payment to those who buy by leasing The following is compensated 75% of the guarantee payment; 30% of the guarantee payment

Global grants Compensation for the guarantee payment to those who take a loan for investments Part of the guarantee payment is compensated for entities operating in rural areas and receiving loans from financial institutions with INVEGA‘s guarantee for investment projects

Global grants Compensation of interest on loans and credit lines for the financing of working capital or acquisition of biological assets 80% of interest paid to the financial institution is compensated for a period of maximum 24 months starting from the date of signature of the loan and/or credit line agreement.

Global grants Compensation of Interest on Loans and Leasing Services for Financing of Investments 80% of interest paid to the financial institution or leasing company is compensated

Global grants Compensation of Loan Interest For applications submitted by 31 January 2024, applicants can be compensated up to 50% of the actually paid interest amount, but no more than 7% of annual interest. An application for compensation of interest must be submitted no later than within 1 year as of the signing of the loan agreement.

Global grants Municipal grant For municipalities investing in projects financed by EU structural funds that save their budgets and increase their income.

Global grants Promotion of listing of securities on the stock exchange Reimbursement of 50 percent of the eligible costs incurred

Global grants Business Start-Up Subsidies Subsidies for micro or small companies and natural persons operating up to 1 year

Instrument implemented

Global grants Compensation and one-time allowances for providers of classified accommodation Compensation up to 50% of the costs incurred or a one-time allowance of up to EUR 100

Instrument implemented

Global grants Compensation of COVID-19 Testing for Employees Compensation for employee COVID-19 testing

Instrument implemented

Global grants Compensations to self-employed persons for rent and related costs The maximum amount of compensation - 70 % of the fixed costs

Instrument implemented

Global grants Consultation Services Reimbursement Counselling expenses on export, business start-up and development, more efficient use of resources and conservation of natural resources can be compensated

Instrument implemented

Global grants Grants for tour operators of incoming tourism The maximum amount of the grant awarded to one business undertaking is EUR 30 thousand

Instrument implemented

Global grants Partial Compensation of Lease Payments for Businesses Most Affected by Covid-19 Partial compensation of the lease payments

Instrument implemented

Global grants Partial Financing of Staff Training Grants for staff training

Instrument implemented

Venture Capital Accelerator 2 EUR 18 million have been allocated from the Innovation Promotion Fund.

Venture Capital Accelerator Funds Accelerator funds are designed to invest in micro and small enterprises and provide mentoring, training and consulting services to such enterprises

Venture Capital Baltic Innovation Fund The planned amount of the BIF is EUR 130 million

Venture Capital Baltic Innovation Fund II It is estimated that the total size of BIF II will amount to €156m

Venture Capital Business Angels Co-Investment Fund The maximum investment amount per enterprise is up to EUR 1,2 million

Venture Capital Co-Investment Fund The maximum investment amount is up to EUR 1.6 million

Venture Capital Co-Investment Fund for Transport and Communications The maximum investment amount is up to EUR 1.6 million

Venture Capital Co-Investment Fund II The Co-investment Fund II is designed for the development of the Lithuanian venture capital market and growth of new participants of the venture capital market

Venture Capital Development Fund I The maximum investment amount per enterprise is up to EUR 2 million

Venture Capital Development Fund II The investment amount per enterprise will be from EUR 2 to 4 million

Venture Capital Early Stage and Development Fund I The planned amount of the fund - EUR 20,6 million

Venture Capital Early Stage and Development Fund II Intended to invest in the diversified portfolio of innovative micro, small and medium-sized enterprises with high growth potential in the early development stage

Venture Capital MILInvest The Defence Investment Fund invests in innovative companies in the field of defence and security

Venture Capital NATO Innovation Fund The NATO Innovation Fund (NIF) was created to supercharge the Alliance’s unique innovation ecosystems. Allied talent and research in Science, Technology, Engineering, and Mathematics (STEM) are world-leading, but the market to support deep tech innovation is underfunded. With the NIF, we are creating a commercialisation machine in both the private and public sectors, backing innovators to secure the future for the Alliance's 1 billion citizens.

Venture Capital Development Funds III With this financial instrument,the State aims to promote venture capital investments into micro, small and medium-sized enterprises (SMEs) and small mid-caps in Lithuania, to contribute the European Green Deal by promoting sustainable investments, to ensure a balance of venture capital investments, and help to develop the Lithuanian venture capital ecosystem.

Instrument suspended