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Promotion of Entrepreneurship in Problematic Regions of Lithuania

Promotion of Entrepreneurship in Problematic Regions of Lithuania

Title of the project: "Promotion of Entrepreneurship in Problematic Regions of Lithuania"

Project No. VP2-2.2-ŪM-02-K-01-029

Budget of the project: 844.157 LT (244.484,77 EUR)

Financed by: European Regional Development Fund and European Social Fund

Duration of the project: 2014-01-15 – 2015-01-14

Applicant: PI “National Regional Development Agency“

Partnership of the project::

  • Kaunas Chamber of Commerce, Industry and Crafts
  • Vilnius Chamber of Commerce, Industry and Crafts
  • Šiauliai Chamber of Commerce, Industry and Crafts
  • Panevėžys Chamber of Commerce, Industry and Crafts
  • PI “Lithuania Business University of Applied Sciences (LBUAS)“

Goal of the project - the promotion of entrepreneurship in problematic regions of Lithuania.

Main task of the project - to promote entrepreneurship, especially among young people and women

Nothing is more important than promote people's initiative to build a business and create new working places or help for existing businesses to retain and expand their activities (to look for new markets, new sources of funding, increase export). Business information need arises when new small and medium size businesses are established. In order to increase small and medium business vitality, export markets development, working places creation and retention, the partners through many years of work experience and competencies  provide high quality consultations and information services during the implementation of the project. Particular attention is paid to young people and women entrepreneurship promotion.

Activities of the project:

1. Informational events encouraging society, especially young people and women entrepreneurship, establishment and development of new small and medium-sized business entities, formation of partnership networks, franchise. 57 informational events will bw held.

2. High quality consulting services provision to small and medium-sized business entities and individuals planning to start a business, in order to ensure the effective business management processes and advanced performance. 1492 consultations will be provided.

Planned results:

  • Created new and maintained working places in the entities that used the provided services – 400
  • Established new small and medium sized business entities – 10