"Attracting foreign and local investors with high job creation potential in Kaunas county" Applications will be accepted until 31.10.2025 16:00 Competition The budget for the measure is €24 239 412.   Eligible applicants   The applicant is an industrial SME which has been in business for at least 3 years, whose annual sales revenue from its own production represents in each year at least 51 % of its total sales structure and whose annual revenue from its own production in the last 3 financial years is in each year at least EUR 300 000,00 in the case of a medium-sized enterprise and EUR 145 000,00 in the case of a micro-small enterprise or s... More

The Ministry of the Economy and Innovation (EIMIN) is proposing legislative amendments that would create more favourable conditions for the development of large investment projects in Lithuania. The amendments aim to ensure faster and simpler land allocation to investors and to enable them to obtain land on more favourable terms, both from the state and from state-owned companies. "Lithuania aims to become a competitive country in the global battle for investment. These proposals will help us to act more flexibly, quickly, and effectively, which is necessary to attract large manufacturing projects. We must ensure that investors find not only a reliable partner here, but also a favour... More

Lithuania may soon become a much more attractive location for deeptech start-ups, which base their business model on years of research and innovation. An initiative of the Ministry of the Economy and Innovation (EIMIN) plans to extend the age of such start-ups from 5 to 10 years. This would allow more deep-tech companies to qualify for public support. This change was approved by the Government today. "Deep tech start-ups often take more than 5 years to bring a product to market. The 5-year deadline therefore limits their ability to qualify for public support for such start-ups. This is important for Lithuania to accelerate its progress towards the 5% of GDP target for the life scienc... More

Lithuania continues to solidify its position as the EU’s largest fintech hub by license count, with new data showing remarkable resilience and maturity of the sector despite global economic challenges. According to the newly published “Fintech Landscape in Lithuania 2024-2025 Report” by Invest Lithuania, the country’s fintech ecosystem now comprises 282 companies serving over 30 million customers across the European Union. The report reveals that Lithuania’s fintech talent pool has expanded significantly, with the sector now employing nearly 8,000 professionals – a figure that has doubled in just five years. Looking ahead, the sector shows strong moment... More

The Ministry of the Economy and Innovation (EIMIN) is initiating legislative changes to significantly speed up the implementation of major investment projects in Lithuania. The amendments aim to further remove bureaucratic bottlenecks and create a realistic "investment highway" model, which will allow up to ten times faster movement from the investor's decision to the start of construction. "We want Lithuania to strengthen its position as a competitive location for large investments in the region - for both domestic and international investors. For this to happen, we need to go beyond words and create real conditions for the 'investment highway' - large projects... More