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EU STRUCTURAL FUNDS IN THE REPUBLIC OF LITHUANIA 2007 - 2013

EU STRUCTURAL FUNDS IN THE REPUBLIC OF LITHUANIA 2007 - 2013. KAUNAS  LITHUANIA  2009 etkc@etkc.lt. Allocation of structural funds in 2007-2013:. EU structural assistance. National general strategy: the Lithuanian Strategy for the use of

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EU STRUCTURAL FUNDS IN THE REPUBLIC OF LITHUANIA 2007 - 2013

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  1. EU STRUCTURAL FUNDSIN THE REPUBLIC OF LITHUANIA2007 - 2013 KAUNAS  LITHUANIA  2009 etkc@etkc.lt

  2. Allocation of structural funds in 2007-2013: EU structural assistance National general strategy: the Lithuanian Strategy for the use of European Union Structural Assistance for 2007-2013 Operational Programme for the Development of Human Resources 935 mln EUR Operational programme for the Economical Growth 3.099 mln EUR Operational Programme for Promotion of Cohesion 2.648 mln EUR Technical Assistance Operational Programme 93 mln EUR

  3. EU structural assistance in 2007-2013: FACTS AND FIGURES • EU structural assistance for Lithuania from 2007 to 2013 will amount to more than 6,7 billion euro. • The largest part of funds (45.72%) will be allocated to the Operational programme for the Economical Growth. • 10% of funds allocated to the aforementioned programme will be assigned to support scientific and technological R&D activities, in order to increase competitiveness and induce the growth of economy.

  4. EU structural assistance programmes in Lithuania

  5. Aid intensity (rate of assistance) • Rate of EU structural assistance is 30-70 % of eligible project expenditure. • Rate of assistance depends on: • activity supported • company size • region of activities

  6. Requirements for applicants and projects • Eligible applicants: private legal entities registered in the Republic of Lithuania • Size of the project: investment project can not exceed 172 million Lt (49,8 million EUR) • Project duration: 6-36 months • Restrictions: the purpose on the funded assets and character of the ownership can not be changed during5 years after the project implementation

  7. Advantages of investment in Lithuania: the perspective of EU structural assistance • Legal entities that invest in R&D activities may benefit from EU structural assistance in the following ways: • Receive a 30-60 % refund of investment in scientific research and technological development equipment and (or) buildings • Receive a 50% refund of company’s operational costs • Receive up to 75% refund of R&D personnel expenses for the first year • Receive up to 100% refund of personnel training costs

  8. Preliminary schedule of the calls

  9. Useful links • EU structural support for 2007-2013 http://www.esparama.lt/en/pasirengimas/ • Lithuania in the EU http://www.euro.lt/en/ • Lithuanian Development Agency http://www.lda.lt/en/index.html • Ministry of Economy of the Republic of Lithuania http://www.ukmin.lt/en/ • Lithuanian Confederation of Industrialists http://www.lpk.lt/default.asp?DL=E • About Lithuania http://www.lithuania.lt/en

  10. FOR MORE INFORMATIONPLEASE CONTACT: K.Donelaicio 79-1, LT-44249 Kaunas LITHUANIA Tel.: +370 37 321114, Fax.: +370 37 322467 etkc@etkc.lt, www.etkc.lt

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