LBSA has published a call for applications under the measure ‘E-commerce model COVID-19’

Small and medium-sized enterprises can receive up to EUR 50,000 for the deployment of e-commerce models under the ‘E-commerce Model Covid-19’ measure. The Lithuanian Business Support Agency (LBSA) is already waiting for applications.

The call has been published today and will remain open until the end of 20 September. The budget is up to EUR 40 million, the amount of support ranges from EUR 10,000 to EUR 50,000 and the funding intensity is 75% of the total eligible project costs.

According to Arūnas Burinskas, Deputy Director of the Investment Management Service of the LBSA, the long-awaited measure aims to encourage companies to adopt information technology to manage business transactions electronically.

‘Digitalisation is essential today for renewal, modernisation, increasing revenues and strengthening competitive positions on the market, and this measure offers this opportunity to hundreds of companies. If the maximum amount is allocated to all eligible projects, 800 companies will receive support, and if we take into account the fact that smaller amounts of support will also be allocated, the number of projects to be funded could be a thousand or more’, says Burinskas.

The measure supports the deployment of e-commerce models in micro, small and medium-sized enterprises (SMEs) through process re-engineering and digitalisation through customer self-service solutions on product and service e-commerce platforms. This includes solutions for manufacturing and service order management, as well as solutions for the integration of a resource management system into product and service e-commerce platforms.

Eligible applicants are SME enterprises that have been in business for at least one year and whose average annual turnover in sales of their own production or services during the three financial years preceding the date of submission of the application, or from the date of registration of the enterprise if it was set up more than three years previously, is at least EUR 50,000.

Gintarė Staknienė, Deputy Head of the Business Productivity Projects Division of the LBSA, draws attention to the eligible costs that can be financed under the measure. These include the acquisition and adaptation of new software directly related to the supported activity or the modification of existing software, as well as the costs of renting software for the period of project implementation and post-project maintenance directly related to the project activities.

‘The costs of programming works related to the supported activity and the wages and employer’s expenses of the project promoter’s staff performing tasks necessary for the implementation of the e-commerce model may also be eligible, up to a maximum of 20% of the total eligible costs’, says Staknienė.

The measure does not finance periodic software updates, marketing, implementation of a new business management system, integration with an external e-commerce platform, indirect costs and certain other expenses.

The project activities will have to be launched at the latest within one month from the date of signing of the project contract and will have to be implemented for a maximum of one year.

The LBSA is organising a webinar for potential applicants on 2 September. Registration is available here.

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