Loans START (STARTUOK)
Provides early-stage loans for Lithuanian micro and small firms that blend financing with completion-based repayment relief.
STARTUOK (Loans START) is a hybrid financial instrument administered by UAB ILTE (formerly INVEGA), the Lithuanian state development financier, co-funded by the EU's European Regional Development Fund and the European Guarantee Fund via the European Investment Fund. The instrument provides soft loans of up to EUR 3,000,000 for investment (10-year term) or up to EUR 200,000 for working capital (3-y…
Soft loans up to EUR 3M for Lithuanian SMEs operating three years or less, with up to 20% of the loan written off as a grant upon successful project completion.
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