Objective of the measure: To encourage the investment of micro, small and medium-sized enterprises (SMEs) in the start-up and development of innovative production and / or innovative services, thus creating conditions for the productivity growth of enterprises, faster development of the regions of Lithuania and their economic growth.

Suitable applicants: Very small, small and medium-sized enterprises (SMEs): manufacturing companies generating new production capabilities and service providers that create new service delivery capabilities.

Partners: Not allowed.

Supported activities:
• implementation of modern technologies by adapting existing ones and developing new production and service provision capabilities for the production of new and existing products and services.
• Financing will encourage companies to invest in the acquisition and deployment of new production technology lines, modernize existing production technological lines, installation of the company's internal engineering networks that are needed to be set up or modernized for new production technological lines, the introduction of modern and efficient technologies in service sectors, and also to ensure the functioning of these production and service delivery capabilities.

Suitable funding costs:
1.The costs construction of a new building or reconstruction, overhaul of an existing building, local engineering networks, which are needed to install for modernization of existing production lines. Expenses are eligible only if the real estate is the property of the applicant.
2.The period of financial lease can not be longer than the duration of the project, that is the tangible assets acquired through financial lease must become the property of the project applicant until the end of the project implementation.
3.employees working with modern technologies: wages, that is estimated wage costs arising from jobs created directly from an investment project.

Financing intensity:
• 45 percent of all eligible costs of the project if the applicant is a very small or minor enterpise. The applicant must contribute to the financing of the project with at least 55% of  all eligible costs of the project;
• 35 percent of all eligible costs of the project if the applicant is a medium-sized enterprise.  The applicant must contribute to the financing of the project with at least 65% of  all eligible costs of the project;

Maximum implementation duration: up to 36 months.

Submission deadline: SCHEDULED PROJECT

Contacts for consultation:

Num. +370 65538778

E-mail: info@kokybesklubas.lt