"We are helping Lithuanian businesses to grow by providing them with the funds they need to expand and by initiating the necessary measures to present themselves abroad. In this way, we are helping Lithuanian entrepreneurs to establish new links with other strategic partners and to participate in international chains, both in Europe and in the fast-growing non-EU market," said Aušrinė Armonaitė, Minister of the Economy and Innovation.
This measure aims to increase the share of high and medium-tech products and services in Lithuania's exports.
"The funds have been granted to 8 projects of business associations, which will carry out their activities in priority areas of export and innovation cooperation. I have no doubt that by expanding our presence in markets of interest to business, we will also ensure an overall increase in exports," said Karolis Žemaitis, Vice-Minister of the Economy and Innovation.
Following an evaluation by the Innovation Agency, EIMIN awarded funding to the Baltic Film & Creative Tech Cluster, LithuaniaBIO, Infobalt, the Lithuanian Food Exporters Association (LitMEA), the Lithuanian Laser Association and the Lithuanian Engineering and Technology Industry Association (LINPRA).
