Support programme

Partial Interest Compensation

Sector:
All sectors
Type:
Financial support
Year:
2014 - 2020
Target group:
All types of companies and organisations
Resources:
Energy
Where is this support available:
Lithuania

The measure has been created to partially compensate for interest charged to industrial enterprises which took loans or leasing agreements to purchase equipment or technology that increases their energy efficiency.

Depending on the type of financing agreement, micro-, small- and medium-sized businesses may qualify for compensation of 50-95 % of the interest they pay to financial institutions over a period of 36 months. Industrial companies are eligible to receive compensation of up to 100 % of interest paid over a period of 60 months.

In total, up to € 21.7 million has been set aside from the EU Structural Funds for companies under this scheme.