November
23

SMART FDI PROJECT‘S CALL IS BEING STOPPED

Lithuanian Business Support Agency (LVPA) stops SMART FDI project‘s call for applications since November 23, 2020, because budget of the call has been exceeded.

The amount of EUR 20 m was allocated for a call. During one day after announcement 16 applications asking for EUR 28 m were submitted.

SMART FDI promotes fdi aimed at R&D.

LVPA notifies that SMART FDI is a continuous project. According to article 64.2 of rules for projects‘ administration and financing, continuous selection of projects ends earlier if the allocated amount is exceeded.

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