About
The aim is to promote the development of the biotechnology industry in Lithuania by implementing R&D activities that will contribute to the development of innovative products attractive to the market and increase the competitiveness of biotechnology industry companies.
Financed activities
1. Direct costs:
1.1. staff costs;
1.2. expenditure on tools and equipment (fixed assets) may include:
- acquisition of new laboratory and scientific equipment;
- depreciation or amortization of acquired fixed assets used for R&D activities of the project, if these assets were acquired not later than 36 months ago;
1.3. expenditure on materials, tools and similar products (goods);
1.4. costs under service contracts:
- Acquisition of R&D services from external sources;
- rental costs of equipment directly related to the performance of R&D activities (excluding rental costs of premises).
2. Indirect costs.
Calling for
Start-ups operating in the field of biotechnology industry * registered in the Republic of Lithuania, which have been operating for no longer than 5 (five) years on the day of submission of the application.
* in accordance with the concept of biotechnology defined in the Description
Maximum funding amount
€200,000
Funding rate
80%