Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure LT-2021-29/2105 – measures in Lithuania
|Country||Lithuania , applies nationwide|
|Time period||Temporary, 13 July 2021 – 31 August 2021|
|Type||Legislations or other statutory regulations|
Supporting businesses to stay afloat
– Direct subsidies (full or partial)
|Author||Rasa Mieziene, Inga Blaziene (Lithuanian Centre for Social Sciences)|
|Measure added||30 December 2021 (updated 19 April 2022)|
On 13 July 2021, the Minister for the Economy and Innovation of the Republic of Lithuania issued an order approving the Procedure for funding projects under the measure Creative Vouchers COVID-19 of the Operational Programme for the European Union Funds’ Investments in 2014-2020. The measure aimed at encouraging companies to invest in product/service design solutions with a view to increase the attractiveness and demand of their products/services and the productivity of the companies. When implementing the projects, applicants are able to purchase services in the cultural and creative sectors, so that the benefits of the measure will also be passed on to the cultural and creative industries that have been particularly affected by the pandemic.
According to the Procedure, applications are open to micro, small and medium-sized enterprises (MSMEs) that have been in operation for at least one year. They must have an average annual income of at least €50,000 in the three fiscal years preceding the submission of the application or during the period after the company was registered. The maximum amount of funding available per project is €70,000 and the minimum amount is €20,000. The maximum amount of the grant may not exceed 75% of the total eligible project costs.
Applicants may apply for the defrayal of expenditure on the purchase of services in the cultural and creative sectors, which include the development of a new product/service design or the replacement of an existing product/service design with a new one.
Applications may be submitted until 31 August 2021 to the Lithuanian Business Support Agency.
According to the Ministry of the Economy and Innovation, a total of 895 applications were received for the amount of €49.3 million. However, only a total of around €7 million of EU Structural Funds has been earmarked for the implementation of the measure. In total,126 business projects received support, 492 projects were put on a reserve list for which additional funding will be sought.
|Does not apply to workers||
||Does not apply to citizens|
EU (Council, EC, EP)
Public support service providers
Social partners' role in designing the measure and form of involvement:
|Trade unions||Employers' organisations|
|Form||Not applicable||Not applicable|
Social partners' role in the implementation, monitoring and assessment phase:
No information available.
No information available.
Eurofound (2021), ESF measure Creative Vouchers COVID-19, measure LT-2021-29/2105 (measures in Lithuania), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/LT-2021-29_2105.html
30 January 2023
Governments across the EU continue to implement policies to support citizens and businesses in the face of rising food and energy prices caused by the COVID-19 crisis and intensified by the war in Ukraine. This article summarises the policy responses as reported in Eurofound's EU PolicyWatch database from January to September 2022.Article
12 September 2022
Although the worldwide pandemic situation had already disrupted supply chains and triggered increases in energy and food prices in 2021, the situation deteriorated in 2022 with the Russian invasion of Ukraine.Article
12 September 2022
This article summarises the first policy responses that governments across the EU have started to implement to support companies affected by the rising prices, and those with commercial ties to Ukraine, Russia or Belarus.Article
Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.