March
18

THE LITHUANIAN BUSINESS SUPPORT AGENCY INVITES TO SEEK NEW OPPORTUNITIES

Until 22 March, the Lithuanian Business Support Agency is accepting applications for the measure ‘New opportunities’ (Naujos galimybės) No 6. The amount of funding foreseen for this measure is EUR 5,000,000. The aim of the measure is to encourage micro, small and medium-sized enterprises to search for new foreign markets, expand existing ones, and present their products at international exhibitions, fairs and business missions in our country or abroad. Business associations, chambers of commerce, industry and crafts, and cluster coordinators can participate as potential applicants. The maximum possible amount of funding is EUR 300,000.

The Šiauliai Chamber of Commerce, Industry and Crafts, the largest associated business structure in the region, plans to apply. The institution has submitted an application for a similar European Union support measure ‘New opportunities LT’ (Naujos galimybės LT) previously announced. Together with the LBSA, Šiauliai residents are currently implementing the project ‘Increasing the export volumes of industrial enterprises in Šiauliai region’ (Šiaulių regiono pramonės įmonių eksporto apimčių didinimas).

While representing its members, the Šiauliai Chamber of Commerce, Industry and Crafts helps regional economic entities in developing international economic relations with foreign partners, increasing the export of goods and the access of Lithuanian goods to foreign markets and attracting foreign direct investment. A strong emphasis is placed on creating a business-friendly environment in the region, promoting entrepreneurship and strengthening social dialogue.

During the implementation of the project, it is planned to present the companies of the Šiauliai region and their products at twenty-four export promotion events: five international exhibitions and nineteen business missions.

‘Entrepreneurs are interested in – and enjoy – such an opportunity, and actively use it to find alternatives. The most active participants in the exhibitions were the companies of the construction sector of the Šiauliai region. They were interested in the opportunities in the German, Norwegian and Turkish markets. We have similar plans in the future as well’, says Aistė Čepaitienė, Competence Development and Information Expert of the Šiauliai Chamber of Commerce, Industry and Crafts.

According to her, the aim of the Chamber of Commerce is to find out the needs of clients: ‘We simply gather potential exhibitors, organise everything, take the administrative burden off them, look for possible contacts through our channels, advise them, and help them to prepare and introduce themselves properly. There is no secret that sometimes smaller companies don’t even know what to take to the show and how to present themselves’.

Saulius Merkys, Acting Director of LBSA: ‘Every entrepreneur today understands how important it is to continue the work that has been started, to strengthen the contacts that have been made and to look for new ones. The Lithuanian Business Support Agency is pleased to be able to contribute to this important business mission. The task of the LBSA is to ensure the process of such assistance and the development of the vitality and competitiveness of Lithuanian business enterprises. Lithuanian people can feel calm and assured, having the strong support of the European Union’, he says.

Please be advised that the LBSA is waiting for applications for the measure ‘EXPO certificate LT’ No 4 until 31 March. The aim of this measure is to promote the internationalisation of micro, small and medium-sized enterprises by providing support for the certification of products intended for export. This will help to promote a positive image in international markets that Lithuanian companies produce high quality products, which meet international standards.

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