The call for proposals under the measure “Smart FDI“ was suspended on 31th of December 2018, since the Ministry of the Economy and Innovation of the Republic of Lithuania intended to adjust specific project selection criteria which have been announced for public discussion today. The following two extra criteria were determined:
Other criteria remained the same as previously approved:
Comments and suggestions for announced specific selection criteria may be submitted by 22 February. After evaluating the comments, the Ministry will prepare and publish the final version of the selection criteria as well as adjust the description of financing conditions of the Smart FDI projects accordingly. The call for proposals is expected to be opened again at the end of March.
Advanced Advice prepared 5 R&D projects for foreign investors which were funded under the measures “Smart FDI” and “SmartInvest LT +”. Another application, prepared by our team, is currently being evaluated. 12 projects have been funded under these instruments in total.