Apply and become Fund manager of financial instrument Venture Capital III
INVEGA invites fund managers to apply for implementation of the new instrument “Venture Capital Fund III”. The objective is to encourage the creation, growth and development of small of medium-sized enterprises (SME), including start-ups, as well as investing in SMEs, which contribute to Smart Specialization Concept. This venture capital instrument is co-financed by European Regional Development Fund. Fund managers are expected to raise additional funding from independent private investors.
Funding - EUR 40 million
Application deadline - September 9th 2024.
For detailed selection criteria, documentation requirements and Applicant’s declarations, please refer to the provided links below:
documents - PDF version; Word version
For any additional questions, please contact us by email: asipf3@invega.lt
This venture capital instrument will be financed by the Innovation Promotion Fund, which was established by the Ministry of Economy and Innovation, Ministry of Finance and INVEGA on 30 December 2020.
