Lithuania’s Ministry of the Economy and Innovation has initiated a 13-million EUR public tender to attract an internationally acclaimed startup accelerator to the country. This move aims to better harness the potential of the Lithuanian startup ecosystem.

The service provider will have to provide 5 acceleration batches in Lithuania for at least 60 startups and invest at least 4 million EUR of venture capital funds until the 31st of March, 2026.

Service providers can apply for the tender if they have implemented an international accelerating programme with a value of at least 5 million EUR over the last 3 years. They must also have generated at least 6 million EUR average annual income from accelerating services during the last 3 years.

Apply by April 14, 9:00 AM.

All tender documents: DOWNLOAD

To participate in the Tender, Service providers have to register at CVP IS platform: HERE