According to the project application, the project is estimated at 2.9 million euros, with 1.9 million euros requested from the European Union.
"Processing of the Ricor application is still in the early phase, let's wait until all the i's have been dotted by the Lithuanian Business Support Agency," said Arturas Jakubavicius, the head of the Innovations Support Services Department at the Lithuanian Innovations Center, adding that a number of foreign companies were interested in the Smart FDI measure.