Call for applications under the ‘Billion for Business’ incentive financial instrument
Investicijų ir verslo garantijos (hereafter – INVEGA) invites companies to apply for the stimulus financial instrument ‘Billion for Business’, co-financed by the Recovery and Resilience Facility.
The objective of the measure is to provide financing in the form of loans for investments by businesses in environmentally friendly technologies; full circle economy implementation; decarbonisation, energy efficiency and low-waste; advanced, innovative, digital technologies; the development of high value-added production capacities (including biotechnology), and the defence and security industry.
Businesses of all sizes operating in Lithuania can apply for loans
The terms and conditions for the implementation of the Billion for Business Facility are set out in the description.
The measure has a backing of EUR 850 million of funds, provided by the Recovery and Resilience Facility.
- Applications can be submitted from 29 April 2024, 13:00.
- Applications can be submitted until 31 March 2026, 23:59.
The call will be closed after the closure of the deadline for the submission of applications or after the amount available for the measure has been committed.
Applications are submitted to INVEGA via the electronic application system on the INVEGA website.
