Promotion of Securities Listing on the Stock Exchange

Promotion of Securities Listing

Funds costs for Lithuanian companies preparing to list securities and access public capital markets.

The Promotion of Securities Listing instrument is administered by UAB ILTE (formerly INVEGA), the Lithuanian state development financier, and is the only purely grant-based instrument in the ILTE product catalog for capital-markets access. The program reimburses 50 percent of eligible costs incurred by Lithuanian for-profit companies during the process of listing their securities on a regulated stock exchange. The total allocated fund pool is EUR 1 million, making this a small, targeted instrument expected to support only a limited number of companies through each funding cycle. The instrument is categorized under the ILTE "Global grants" filter on ilte.lt.

Eligible applicants are Lithuanian for-profit companies pursuing a stock exchange listing; nonprofits, universities, research organizations, and individual applicants are excluded. Eligible costs are those directly associated with the listing process, though the specific cost categories, the per-company award cap, and the application portal URL were not available in the source material captured at the time of research. The 50 percent reimbursement model requires the company to first incur and pay the listing costs before being reimbursed by ILTE. The small total pool means competition for slots is likely significant.

This instrument is suited to growth-stage Lithuanian companies planning to access public capital markets for the first time. The reimbursement effectively halves the financial barrier to listing, which typically includes underwriting fees, legal advisory, prospectus preparation, exchange admission fees, and investor-relations setup costs. Companies interested in applying should contact ILTE directly via the main portal at ilte.lt or at uzklausos@ilte.lt to obtain the current program guidelines and confirm whether the fund still has available capacity, given the limited EUR 1 million pool.