Measure "Smart FDI"

Measure:
"Smart FDI"

Supported activities to attract foreign investment to research and / or experimental development and innovation. Submission
deadline
2020-11-30 24:00
Funding size

• foreign direct investment in research and / or experimental development activities – 3 000 000 EUR

• foreign direct investment, which creates new or expands existing company’s MTEPI infrastructure -   6 500 000 EUR

• foreign direct investment in activities related to the processes and organizational innovations implementation - 500 000 EUR

Funding provided for proposals 39 137 278 Eur  

 

Objective of the measure: to attract foreign investment to research and / or experimental development and innovation (later on referred to as "MTEPI") fields in accordance with Priority research and experimental (social, cultural) expansion  and innovation development (smart specialization) direction.

Suitable applicants: A foreign investor’s (company’s) private legal entity established in the Republic of Lithuania to which the foreign investor has a decisive influence, or a foreign investor (company) or a branch established in the Republic of Lithuania by a foreign investor (company).

Partners: Suitable:
1. When the application is submitted in conjunction with the partner(s), the application must be accompanied by a copy of the existing joint venture (partnership) contract. The joint activity / partnership agreement is signed by the applicant and all project partners.
2. In the joint venture (partnership) agreement there must be clearly set out obligations and rights of the parties and the legal project (specified financial and business contribution of each country to the project, the activities undertaken by each country, the rights to the jointly created or acquired assets, the results of the project, etc.) and the parties Responsibilities, as well as commitments to the core rules of good partnership practice:
2.1. All partners must have read the application and are familiar with their rights and obligations in implementing the project;
2.2. During the project implementation, the promoter must regularly consult partners and keep them informed of the progress of the project;
2.3. The promoter must send to all partners copies of all reports submitted to the implementing authority;
2.4. All changes to the project affecting the commitments and rights of the partners must first be coordinated with the partners before refering to the implementing authority.

Supported activities:
1. Activity no. 1: foreign direct investment in research and / or experimental development activities;
2. Activity no. 2: foreign direct investment, which creates new or expands existing company’s MTEPI infrastructure;
3. Activity no. 3: foreign direct investment in activities related to the processes and organizational innovations implementation.

Suitable funding costs:

Activity no. 1: foreign direct investment in research and / or experimental development activities;
The acquisition of patents or licenses for technical know-how and inventions from outside sources under normal market conditions when purchased from outside sources at market prices, in accordance with a contract concluded between the parties, in the absence of any relevant elements of the collusive agreement. (Software licensing costs are not eligible.)
• 
The purchase of services from outside sources under normal market conditions when purchased from outside sources at market prices, in accordance with the transaction concluded by the parties, in the absence of any elements of the collusive agreement;
Costs related to the acquisition of consultancy and equivalent services used exclusively for project activities;
Other operating expenses, including costs for materials, inventories, inventories, inventories and similar products, attributable to short-term assets directly related to the activity;

Activity no. 2: foreign direct investment, which creates new or expands existing company’s MTEPI infrastructure;
Construction costs of buildings subject to infrastructure;
The cost of major repairs to buildings attributable to the infrastructure, if the reconstruction, overhaul improves the useful properties of the property and / or prolongs the useful life of the asset.
The necessary furniture for the direct provision of activities and the provision of researcher and auxiliary staff;
computer technology. Expenditures for this property can not exceed 50 percent; 
Patents relating to the infrastructure or its use, licenses;
Other equipment, equipment, devices, tools and equipment attributed to the infrastructure.

Activity no. 3: foreign direct investment in activities related to the processes and organizational innovations implementation.
• 
The purchase of services from outside sources under normal market conditions when purchased from outside sources at market prices, in accordance with the transaction concluded by the parties, in the absence of any elements of the collusive agreement;
Costs related to other operating expenses, including costs for materials, inventory, inventories, inventories and similar products attributable to current assets; 
• 
Depreciation charges for fixed assets (equipment, appliances, tools, equipment, machinery and equipment, buildings and / or premises), if the public (including other countries) funds have not been used for the acquisition of this asset; 
The cost of missions for the project staff calculated in accordance with the rules governing travel expenses.

Funding provided for proposals: 39 137 278 Eur

Funding size:
• foreign direct investment in research and / or experimental development activities – 3 000 000 EUR
• foreign direct investment, which creates new or expands existing company’s MTEPI infrastructure - 6 500 000 EUR
• foreign direct investment in activities related to the processes and organizational innovations implementation - 500 000 EUR

Financing intensity:
Science research:
• Baseline financing - 50%
• Large enterprise - 65%
• Medium enterprise - 75%
• Small or minor enterprise - 80%

Experimental development:
• Baseline financing - 25%
• Large enterprise - 40%
• Medium enterprise - 50%
• Small or minor enterprise - 60%

Activity no. 2:
• Large enterprise - 25%
• Medium enterprise - 35%
• Small or minor enterprise any - 45%

Activity no. 3:
• Large enterprise - 15%
• Medium and small or minor enterprise - 50%

Maximum implementation duration: up to 36 months.

Submission deadline: 2020-11-30 24:00

Contacts for consultation:
Num. +370 65538778
E-mail: info@kokybesklubas.lt

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