LithuaniaPrivate Business, Public Institution
Paskolos Perspektyva
Perspektyva
Funding Amount
Up to €10.0M
Deadline
31/12/2029
Eligible Organization Types
Private Business, Public Institution
Trusted by
What is the Paskolos Perspektyva Call?
Grant Description
Loans for industrial research, pilot applied and innovation activities by micro, small, medium and large enterprises to support development, prototyping, demonstration and market introduction of new or improved products, processes or services.
Required Results for Successful Funding
Expected Outcomes
• Generation of new knowledge, prototypes, pilot lines and demonstrators advancing products, processes or services toward commercialization.
• Increased business R&D&I capacity and capabilities in target regions, in line with national smart specialisation priorities.
• Market introduction of new or significantly improved products, processes or services, enhancing competitiveness.
• Creation and retention of skilled R&D, technical and auxiliary jobs, including scientific research positions, in supported enterprises.
• Strengthened regional innovation ecosystems in Central & Western Lithuania and the Capital Region.
• Contribution to EU climate and environmental objectives without causing significant harm (Do-No-Significant-Harm), supported by GHG emissions and climate risk assessments.
• Mobilisation of private financing alongside public support, leveraging up to €150 million total instrument allocation.
• Sustainable investment outcomes: fully repaid loans with optional grant write-down upon successful completion, demonstrating financial viability of innovation projects.
• Increased business R&D&I capacity and capabilities in target regions, in line with national smart specialisation priorities.
• Market introduction of new or significantly improved products, processes or services, enhancing competitiveness.
• Creation and retention of skilled R&D, technical and auxiliary jobs, including scientific research positions, in supported enterprises.
• Strengthened regional innovation ecosystems in Central & Western Lithuania and the Capital Region.
• Contribution to EU climate and environmental objectives without causing significant harm (Do-No-Significant-Harm), supported by GHG emissions and climate risk assessments.
• Mobilisation of private financing alongside public support, leveraging up to €150 million total instrument allocation.
• Sustainable investment outcomes: fully repaid loans with optional grant write-down upon successful completion, demonstrating financial viability of innovation projects.
Funded areas
Scope Requirements
Eligibility by region and enterprise size:
• Central & Western Lithuania (Alytus, Kaunas, Klaipėda, Marijampolė, Panevėžys, Šiauliai, Tauragė, Telšiai, Utena): micro, small and medium enterprises (MVĮ) and large enterprises; industrial research AND/OR pilot application activities financed under GBER; or industrial research AND pilot application AND innovation activities (pilot is mandatory) financed under de minimis.
• Capital Region (Vilnius): MVĮ, medium-capitalisation (MVKĮ) and large-capitalisation (VKĮ) enterprises; only industrial research AND/OR pilot application financed under GBER.
Project eligibility:
• Must not have started before application date.
• Contribute to pramoniniai tyrimai and/or bandomoji taikomoji veikla (mandatory as above).
Financial terms:
• Max loan per recipient: €10 million (multiple loans allowed up to €10 m total).
• Max loan maturity: 10 years (extendable to 15 for objective reasons if compliant with GBER or de minimis).
• Fixed annual interest; concessional rates (0% up to 5 years or 3 years depending on enterprise age; 2% thereafter).
• Loan contracts signed by 30 Jun 2029; disbursements by 31 Dec 2029.
Use of funds (eligible costs): project personnel, equipment & facility depreciation pro rata project use, land/buildings depreciation pro rata, external R&D contracts, patents/licenses, consultancy, materials and similar direct costs.
Application & process:
• Via ILTE e-submission system.
• Evaluation within 60 working days (can be extended up to another 60 days under objective circumstances); first-come, first-served.
• Applicants must meet minimum tax compliance (LRS mokesčių administravimo §401), no bankruptcy or liquidation, equity ratio post-loan ≥0.1 (or 0.15 including related-party subordinated loans), no disproportionate State/municipal ownership (>25%), no illegal or incompatible State aid, no trade with sanctioned or “hostile” territories, acceptable project viability and risk.
• Capital region projects must align with at least one Smart Specialisation priority theme and satisfy additional integrity and criminal record conditions.
• Central & Western Lithuania (Alytus, Kaunas, Klaipėda, Marijampolė, Panevėžys, Šiauliai, Tauragė, Telšiai, Utena): micro, small and medium enterprises (MVĮ) and large enterprises; industrial research AND/OR pilot application activities financed under GBER; or industrial research AND pilot application AND innovation activities (pilot is mandatory) financed under de minimis.
• Capital Region (Vilnius): MVĮ, medium-capitalisation (MVKĮ) and large-capitalisation (VKĮ) enterprises; only industrial research AND/OR pilot application financed under GBER.
Project eligibility:
• Must not have started before application date.
• Contribute to pramoniniai tyrimai and/or bandomoji taikomoji veikla (mandatory as above).
Financial terms:
• Max loan per recipient: €10 million (multiple loans allowed up to €10 m total).
• Max loan maturity: 10 years (extendable to 15 for objective reasons if compliant with GBER or de minimis).
• Fixed annual interest; concessional rates (0% up to 5 years or 3 years depending on enterprise age; 2% thereafter).
• Loan contracts signed by 30 Jun 2029; disbursements by 31 Dec 2029.
Use of funds (eligible costs): project personnel, equipment & facility depreciation pro rata project use, land/buildings depreciation pro rata, external R&D contracts, patents/licenses, consultancy, materials and similar direct costs.
Application & process:
• Via ILTE e-submission system.
• Evaluation within 60 working days (can be extended up to another 60 days under objective circumstances); first-come, first-served.
• Applicants must meet minimum tax compliance (LRS mokesčių administravimo §401), no bankruptcy or liquidation, equity ratio post-loan ≥0.1 (or 0.15 including related-party subordinated loans), no disproportionate State/municipal ownership (>25%), no illegal or incompatible State aid, no trade with sanctioned or “hostile” territories, acceptable project viability and risk.
• Capital region projects must align with at least one Smart Specialisation priority theme and satisfy additional integrity and criminal record conditions.
Additional Conditions for Applicants
Special Conditions
• State aid regimes: loans under GBER (General Block Exemption) or de minimis depending on region and activity mix; applicants must have de minimis or other available aid headroom to benefit from concessional interest and optional grant.
• Optional loan-linked grant (“dotacija”) up to 30% of loan amount, written into the loan decision, subject to sufficient aid headroom and proper project implementation and reporting.
• Publicity requirement for projects using ERDF funds over €500 000: visible, permanent signboard with EU emblem and “Co-financed by the European Union”.
• Mandatory Do-No-Significant Harm compliance and climate risk/vulnerability assessment; GHG emissions declaration.
• Security: financed assets or equivalent long-term assets must be pledged; additional collateral may be required based on risk assessment.
• Fees: 0.4% one-off contract fee (min €500); amendment fee 0.05% of outstanding balance (min €100, max €1000) when borrower requests non-material changes.
• Electronic signing: documents may require qualified e-signature via Signa Web, Elektroninis archyvas or Dokobit.
• Extensive documentation: corporate registration, identity docs, ownership structure, SVV status and de minimis declarations, interim financial statements, business plan, detailed cost and financing breakdown, private co-financing proof, compliance questionnaires, asset depreciation policies, property rights docs, Inovacijų agentūra assessment templates, end-of-project reports, monitoring certificates.
• Optional loan-linked grant (“dotacija”) up to 30% of loan amount, written into the loan decision, subject to sufficient aid headroom and proper project implementation and reporting.
• Publicity requirement for projects using ERDF funds over €500 000: visible, permanent signboard with EU emblem and “Co-financed by the European Union”.
• Mandatory Do-No-Significant Harm compliance and climate risk/vulnerability assessment; GHG emissions declaration.
• Security: financed assets or equivalent long-term assets must be pledged; additional collateral may be required based on risk assessment.
• Fees: 0.4% one-off contract fee (min €500); amendment fee 0.05% of outstanding balance (min €100, max €1000) when borrower requests non-material changes.
• Electronic signing: documents may require qualified e-signature via Signa Web, Elektroninis archyvas or Dokobit.
• Extensive documentation: corporate registration, identity docs, ownership structure, SVV status and de minimis declarations, interim financial statements, business plan, detailed cost and financing breakdown, private co-financing proof, compliance questionnaires, asset depreciation policies, property rights docs, Inovacijų agentūra assessment templates, end-of-project reports, monitoring certificates.
Important dates
Deadline:31/12/2029
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