News

Lithuanian Ministry of Economy and Innovation are opening Innovation Fund

Published on: 21 January 2021
Funding news
Ecosystems, Funding
News-1

In order to attract more investment in research, experimental development and innovation (R & D & I), the Ministry of Economy and Innovation is proposing to set up an Innovation Promotion Fund.

This fund would ensure efficient financing of R & D & I activities and contribute to their development. The fund would also make it much easier for businesses to access funding for a variety of innovative ideas.