€20 million for the growth of innovative start-ups
Ministry of the Economy and Innovation encourages innovative Lithuanian start-ups to take advantage of the €20 million Accelerator 2 venture capital facility, financed by the Innovation Support Fund.
“The measure’s investments are particularly useful for innovative start-ups that need funding for business start-up and product development. Since last year, we have already invested in 24 start-ups under this facility, with investments amounting to approximately EUR 2.83 million,” said Aušrinė Armonaitė, Minister of the Economy and Innovation.
