INVEGA Startuok

As INVEGA is granting loans “Startuok“ financed by the European Regional Development Fund, it attempts that the small and medium-sized business (hereinafter – SMB) undertakings operating not more than three years or conducting the social impact projects and operating not more than five years, and SMB undertakings that were established in Lithuania not earlier than on 24 February 2022, the stakeholder of which (shareholder, member, partner) or the owner of which is an Ukrainian citizen holding the Lithuanian residence permit or an Ukrainian legal entity that has been operating not more than five years, and have a reasoned business plan, would receive the necessary funds to finance their projects, when new activities are started or when it is endeavoured at strengthening or expanding the already present activities.

SMEs that comply with the SME status defined in the SME Law, and:

• That have been operating for the period not exceeding three years from the day of registration of an enterprise or self-employment;
  or
• That are implementing the projects of social impact and that have been operating for the period not exceeding five years from the day of registration of an enterprise or self-employment;
  or
• That were established in Lithuania not earlier than on 24 February 2022, the stakeholder of which (shareholder, member, partner) or the owner of which is a Ukrainian citizen holding the Lithuanian residence permit or a Ukrainian legal entity that has been operating not more than five years.