Jul 21

Investment and Business Guarantees, Ltd (INVEGA) is a financial institution established by the Government of Lithuania to facilitate access to finance for small and medium-sized enterprises in Lithuania. INVEGA started its activity with the provision of individual guarantees and further developed a range of products available for business, i.e. microcredits, risk sharing and soft loans, portfolio guarantees and global grant for the compensation of interests as well as youth employment costs. Since 2009 INVEGA offers instruments financed from the ERDF and ESF.