"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
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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 small enterprise. |
| Amount, intensity of support |
To attract sustainable investment: the maximum amount of funding available for a project is €4,000,000 and the minimum is €1,500,000.
Staff training: maximum amount of funding available is EUR 300 000 and minimum EUR 30 000.
Sustainable investment attraction activities:
- For micro and small enterprises - 75%.
- 70% for a medium-sized company.
- +10% increase in funding intensity if the project involves the production of critical technologies.
Training activities:
- For very small and small enterprises - 70%.
- For a medium-sized company - 60%. For persons with learning disabilities - 70%. |
Supported activities
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- Investments in production, i.e. attracting environmentally sustainable investments (productive investments) by investing in investment projects for initial or start-up new economic activities in industrial economic activities in the Kaunas county most affected by the transition to a climate-neutral economy (hereafter referred to as 'attracting sustainable investments')
- Training and qualification development of employees of investors investing in production in a new sustainable workplace created by the project, including the organisation of on-the-job training in order to provide skills for industrial transformation (according to the type of skill: technical, managerial, ecological, other) in Kaunas County (hereinafter referred to as "employee training").
The project must implement both of the supported activities. |
Requirements
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- Project duration up to 36 months
- The project activities are located in Kaunas county.
- At least 20% of the funds allocated to the project must be spent by 31 August 2026.
- The project aims to create at least 20 sustainable jobs and sustain them for at least 3 years after the end of the project.
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| Eligible costs |
Sustainable investment attraction activities:
- The costs of construction, reconstruction and/or major repair of new buildings and the cost of works for the installation of dependencies and infrastructure (e.g. local engineering networks, etc.) necessary for the installation of new production lines or for the modernisation of existing production lines.
- Production equipment (plant, machinery, appliances, computer equipment and furniture for production, the cost of acquiring and leasing/financial leasing of other plant, equipment and other tangible fixed assets (including the cost of transporting, designing, assembling, preparing the site, installing it, making it ready for use, testing it, training to use it, safety instruction, maintenance (while it's being assembled, installed, made ready for use, tested, and so on) and related costs).
- Patent and licence costs. If these costs are incurred at arm's length, by acquiring patents and licences from third parties not related to the buyer. If the patents and licences are used exclusively by the applicant in receipt of State aid.
Staff training |
