Lithuanian Business Support Agency

LVPA implements national strategies and programs assisting Lithuanian business development and increasing its international competitiveness, helping with investments, applied scientific research and experimental development, implementation of modern technologies, digitalization, eco innovations, renewable energy, tourism, it administers financing from EU structural funds and state budget, disseminates information requirements and distribution of RU assistance. LVPA director claims claims that agency seeks to reduce the administrative burden to clients and not just find and finance project ideas, but implement them in reliable and sustainable manner, reaching results in Lithuania's regions, strengthening national business' practical project management capacity, which is closely related with corporate values of EU investment management system.