“Inostart”

Purpose of the funding – to promote the creation and development of innovative new enterprises by ensuring the development of innovative ideas, products and services through research and experimental development (R&D).

Applicants – Legal persons. No partners.

Supported activities:

1) Stimulating companies’ R&D activities (2-6 stages (from idea to prototype), project duration up to 12 months (for companies active for up to 12 months)

2) recruitment of researchers and/or scientists in enterprises and the co-development of new products with a view to their commercialisation, project duration up to 24 months (the enterprise is active for more than 12 months)

3) Stimulating companies’ R&D activities (stages 7 to 9 (from prototype to pilot batch), project duration up to 18 months (company active for at least 12 months and not more than 36 months)

Requirements for applicants

The applicant has an annual turnover of at least EUR 15 000 (For activities 2, 3)

Eligible costs

Project implementation costs for services, works of authorship, goods (materials and short-term assets), salary costs for project staff (for activities 1 and/or 3) and salary costs for project staff (for activity 2).

The maximum amount per project is €23 616. Funding intensity:

Status of applicant Project funding up to (applies to all except Vilnius, Kaunas, Klaipėda cities and districts) Project funding up to (applies to Vilnius, Kaunas, Klaipeda cities and districts)
1. Activities 85% 70%
2. Activity:

– Very small, small enterprise

– Medium enterprise

 

70%

60%

 

60%

50%

3. Activities 80 % 65%