Norway grants in Lithuania
Purpose: Development, application, and commercialization of innovative ICT products and technologies, as well as the greening of existing businesses and manufacturing processes, will be at the core of the program activities.
Financed Activities: Development and commercialization of new ICT products or technologies.
Applicants: SMEs and large enterprises with no more than 25% public ownership and established as legal entities in Lithuania. Any private or public entity from Lithuania or Norway qualifies as a project partner.
Maximum Project Duration: 18 - 36 months
Maximum Grant: 200k - 1 mln EUR
Funding Rate: 25 - 80%
Total call Budget: 5,5 mln EUR
Eligible Costs: R&D activities, equipment depreciation costs, materials, licenses, business trips, salary
Call deadline: 12.02.2021
Time to Grant: 2-3 months after submission.
Criteria for Success:
- Annual turnover growth
- Annual profit growth
- Number of new ICT products or technologies developed
Additional information: call website