On March 12th Lithuanian Business Development Agency (LVPA) celebrates its 18th anniversary. During this time 5,600 EU investment projects have been implemented, 1,700 are currently being implemented. More than EUR 3 bn of EU funds have been invested. 

Currently LVPA has more than 3,000 clients, overwhelming majority of them implement EU funded business projects.  At the same time most of investment go to energy projects – EUR 1.149 bn since 2004. Business projects got EUR 839 m, R&D – 657.

During the previous financing perspective LVPA encouraged clients to invest more in R&D, digitization and green technologies. The same priorities remain for period of 2021-2027, just with more emphasis on regional businesses.

According to LVPA director Aurimas Želvys, agency  now concentrates on reduction of administrative burden and simplifiyng processes of client journey.

„We consistently seek to clarify project implementation to the client, to make it more productive, providing personal assistance by LVPA staff. Newest customer experience survey of 2020 shows that more than 92% of clients are positive about quality of our services, and it is best evaluation to all our team celebrating the anniversary of the agency“, – emphasizes Mr Želvys.

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