Preparing EU applications

Eligibility for EU funding varies depending on the programme and the call for proposals, which can be lengthy and complex. To determine your company’s eligibility, a quick interview with one of our specialists will suffice, and you will receive an immediate answer as to whether it is worth pursuing an EU grant application. Individual requirements are set for each funding call by the managing authority.

Some calls require project partners as they involve joint activities in collaborative projects. Collaborative projects with partners create a bigger project result and are more beneficial for all involved.

The time it takes to receive funding after submitting an application varies and depends on many rapidly changing factors. Our specialist can provide more specific information during the initial meeting. Typically, it can take between a few months to six months, with longer waiting times possible for larger applications.

Almost all stages of a project application can be divided into sub-steps, the exact deadlines for which are set individually for each call by the project managing authority:

1. Project delivery period to the administering authority
2. Evaluation period for project applications
3. Period for signing project contracts
4. Project implementation period
5. Monitoring or reporting period

Recent tendencies in EU investment funds aim to promote various activities, such as reducing environmental pollution, digitising operations, implementing the circular economy, improving workers’ skills, and integrating marginalised groups, among others. 

Funding for activities related to tobacco, alcohol, and gambling is not available. 

Sounds complicated? No problem. During our first meeting, we will provide a simple and easily understandable explanation of these requirements and determine if your company’s activities align with them.

Unlike EU projects, calls for public support provide direct support for specific areas or categories of companies or their operations. Often, these calls offer exceptional financial benefits or support that would not typically exist in normal market conditions and are intended to sustain existing businesses or activities.

The funding intensity is the percentage of project activities financed by the EU funds or the Lithuanian state. The funding intensity is individual for each call but usually ranges between 30-70%. In certain cases, it can reach 100%. Example with 70% funding intensity:

Project application amount – EUR 100 000

Project funding from the EU Fund – EUR 70 000

Contribution of the company to the project – EUR30 000 

Our first meeting with you will provide answers to all these important questions, including the funding intensities specific to your project.

Once funding is received, the applicant is responsible for implementing the project activities as described in the application, maintaining accurate accounting records, and complying with other legislative requirements in Lithuania. Timely submission of interim project reports is also crucial for ensuring continued project funding. 

Sound ominous? It shouldn’t. There is no need to be worried, as we offer an administration service for all our projects to ensure that all necessary work is done correctly and on time. This allows you to focus on the development of your project activities.

Inadequate activities or reports can lead to penalties or fines, which is why we offer the project administration service to ensure that project activities and reports are managed and executed properly throughout the lifetime of the project. We will then work with you throughout the lifetime of the project to ensure that both project activities and reports are managed and executed in a way that does not expose you to any penalties or fines.