Open Call for fund managers to implement the financial instrument “Development Funds III”
UAB “INVESTICIJŲ IR VERSLO GARANTIJOS” (INVEGA) is launching an Open Call for Expression of Interest (the Call) on an ongoing basis and invites potential fund managers to implement the new equity financial instrument “Development Funds III”.
Submission of expressions of interest
The Call for “Development Funds III” fund managers contains all information related to the application process. All documents and information specified in the Call must be submitted by the applicants to INVEGA in the manner provided for in the Call.
Application Deadline is 30 June 2029.
The changes of the Application Deadline shall be announced officially in the “Development Funds III” section of the INVEGA’s website.
The Open Call for Expression of Interest for “Development Funds III” and Disclaimer
Documents in English:
Dokumentai lietuvių kalba:
Please note that in case of any inconsistency between the English and Lithuanian versions of the Call for “Development Funds III” fund managers, the English version will prevail.
Contacts for more information
If you have any additional questions, please do not hesitate to submit them via e-mail to email@example.com.
The consultation on the draft Call for “Development Funds III” fund managers was in December 2022.
About financial instrument “Development Funds III”
This financial instrument is aimed at promoting equity and quasi-equity investments in SMEs and Small Mid-Caps in Lithuania, contributing to Europe's Green Deal by promoting sustainable investments, filling funding gap and fluctuations in funding supply and further develop a sound market- based risk financing infrastructure in Lithuania.
This financial instrument will be financed by the INVEGA Fund. The “Development Funds III” Fund managers will attract additional funding from independent private investors.
INVEGA Fund was established on 7th April 2009 by the Ministry of Economy, Ministry of Finance and INVEGA.