Businesses can use current assistance to survive and get stronger. They have to be ready for new financing possibilities to be competitive in local and international markets. 

„It is of utmost importance to be resilient to uncertainty and manage current challenges these days. Therefore we are replacing wheels of a driving car to make driving easier in the future“, − says Aurimas Želvys, director of Lithuanian Business Support Agency (LVPA).

According to head of LVPA, agency helps businesses to implement projects, achieve expected results to the extent possible and to reduce administrative burden. At the same time seeks to constantly improve its competences and move from traditional attitude time-amount-money-quality toward the new one risk-value-sustainability.

„We are at the core of digital transformation, therefore it is important to assure effectiveness, so that investment management would be understood as project management competence“, − emphasized Mr Želvys.

In the nearest future a new call for EU investment project E-commerce Model COVID-19 is planned, the amount  envisaged is EUR 40 m, the project is aimed at helping small and medium companies to introduce e-commerce models in order to re-orient its business processes, to digitize them and concentrate in e-commerce.

Another project soon to be announced is Creative Cheques COVID-19. The project will assist companies to create original product solutions, oriented at products or services design to be provided by cultural and creative industries, helping them to cover losses incurred because of pandemic.

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