Innovation Agency Lithuania invites information and communication technology (ICT) startups operating in Lithuania to take advantage of a new funding opportunity. Startups can receive up to €62,046.60 in funding to develop innovative technological solutions or prototypes. Applications are open until March 6, 2025.

“This initiative not only provides startups with financial support but also accelerates their business growth. We believe that the technologies developed by participants will strengthen Lithuania’s innovation ecosystem and unlock new opportunities in international markets,” says Karolina Urbonaitė, Head of Startup Lithuania at Innovation Agency Lithuania.

Who Can Apply?

✔ Startups registered in Lithuania for no more than five years
✔ Companies developing technological innovations with a clear business growth strategy
✔ Micro and small enterprises eligible for de minimis aid

Why Join This Program?

🔹 Funding – The top five startups with the highest evaluation scores will share a €310,233 fund
🔹 Acceleration – Participants will join the Startup Lithuania acceleration program
🔹 Mentorship – Access to individual consultations, practical workshops, and an international investor network

The program is implemented by the Innovation Agency in collaboration with VU Tech Hub. “This program provides not only financial support but also essential business development knowledge, helping startups turn their ideas into successful market-ready products,” says Gediminas Rumšas, Head of VU Tech Hub.

The ICT sector is one of the fastest-growing industries, covering areas such as artificial intelligence, cloud technologies, cybersecurity, and data analytics. Lithuanian startups have excellent opportunities to develop globally competitive solutions and become industry leaders.

📅 Applications are open until March 6, 2025, at 17:00 (EET)

ℹ️ More information (Lithuanian): esinvesticijos.lt

📩 Application submission: [email protected]