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Industry digitization

Purpose: to encourage the financing of technological audits by micro, small and medium-sized enterprises (SMEs) in the industry and encourage positive change in SMEs and increase productivity by introducing industrial process digitization technologies into production processes.

Financed Activities: Investment in a technological audit of industrial plants and installation of integrated digital technology equipment (robots, sensors, lasers, AI, automation, cloud solutions, IoT, ERP, 3D printing, etc.).

Applicants: LT registered industrial SMEs (manufacturers). The company has to be operating not less than 1 year and turnover has to be not less than 145k Eur.

Maximum Project Duration: 36 months.

Maximum Grant: audit: 20k EUR; equipment: 2,9 mln for medium and 1 mln Eur for micro and small companies.

Funding Rate: audit 50%; equipment: 35% for medium companies; 45% for micro and small companies.

Total call Budget: 15,3 mln Eur.

Eligible Costs: audit, equipment, salary

Deadline: 22.06.2020  

Time to Grant: 3-4 months after submission

Criteria for Success:

  • The substantial growth of labor productivity after 3 years of the project
  • The proportion of the applicant's private investment (

Additional information: call website

 

Eco-innovations

Purpose: to encourage SMEs to adopt technological eco-innovations in order to mitigate the adverse effects of climate change and the greenhouse effect.

Financed Activities: Implementation and promotion of technological eco-innovation through investments intangible assets (equipment, technologies) which reduce the negative impact of economic activities on the environment (air, water, waste generation).

Applicants: LT registered industrial SMEs (manufacturers). The company has to be operating not less than 1 year and turnover has to be not less than 145k Eur.

Maximum Project Duration: 36 months

Maximum Grant: 1,5 mln EUR

Funding Rate: 35% for medium companies; 45% for micro and small companies.

Total call Budget: 22 mln EUR

Eligible Costs: Eco-equipment, eco-vehicles (involved in the technological process), salary. Project activities must be carried out only in the Republic of Lithuania.

Deadline: 13.07.2020 

Time to Grant: 3-4 months after submission

Criteria for Success

  • Substantial increase in the applicant's investment in technological eco-innovation within 3 years after the completion of the project activities.
  • Quantity of eco-design characteristics of the product (s) planned.
  • The project reduces the negative impact of economic activities on the environment (air, water pollution, waste generation).

Additional information: call website

 

Norway grants in Lithuania

I. GREEN INDUSTRY INNOVATION (INCLUDING BIOECONOMY) 

Purpose: Development, application, and commercialization of innovative green products and technologies, as well as the greening of existing businesses and manufacturing processes, will be at the core of the program activities. 

Financed Activities:  Implementation and promotion of technological eco-innovation through investments intangible assets (equipment, technologies) which reduce the negative impact of economic activities on the environment (air, water, waste generation).

Applicants: SMEs and large enterprises with no more than 25% public ownership and established as legal entities in Lithuania. Any private or public entity from Lithuania or Norway qualifies as a project partner.

Maximum Project Duration: 18 - 36 months

Maximum Grant: 200k - 2 mln EUR

Funding Rate: 25 - 80%.

Total call Budget: 9 mln Eur.

Eligible Cost:  Eco-equipment, equipment for bio-technologies, modernization of existing production lines, which will reduce carbon emissions, energy consumption, encourage waste-free production, recycling of waste, salary

Call: Planned 2020 Q2

Time to Grant: 2-3 months after submission.

Criteria for Success:

  • Annual turnover growth
  • Annual profit growth
  • Number of new environmentally friendly products or technologies developed

II. ICT

Purpose: Development, application, and commercialization of innovative ICT products and technologies, as well as the greening of existing businesses and manufacturing processes, will be at the core of the program activities. 

Financed Activities: Development and commercialization of new ICT products or technologies.

Applicants: SMEs and large enterprises with no more than 25% public ownership and established as legal entities in Lithuania. Any private or public entity from Lithuania or Norway qualifies as a project partner.

Maximum Project Duration: 18 - 36 months

Maximum Grant: 200k - 1 mln EUR

Funding Rate: 25 - 80%

Total call Budget: 5,5 mln EUR

Eligible Costs: R&D activities, equipment depreciation costs, materials, licenses, business trips, salary

Call – Not opened yet. Plan 2020 Q2.  

Call: Planned 2020 Q2

Time to Grant: 2-3 months after submission.

Criteria for Success:

  • Annual turnover growth
  • Annual profit growth
  • Number of new ICT products or technologies developed

Additional information: call website

Romas Ramanauskas
Dyrektor Rozwoju Biznesu
FINANSOWANIE, WDROŻENIA

+370 640 20601