Assistant - 2

Contact person 
Monika Usevičiūtė
PE "Sunrise Valley"
Do you want to share an instrument/policy or a knowledge Transfer practice? 
Innovation instrument(policy)
What are the following keywords/priorities which better fit the instrument/policy?  
Support to innovative start-ups incl. gazelles
Indicate the country from which the instrument (or policy) is 
What is the title/name of the instrument/policy? 
Assistant - 2
Indicate the target group/beneficiaries of the instrument/policy 
SMEs only
What is the aim/objective? 
In Lithuania the level of entrepreneurship is very low (at the beginning of 2005, 16 active SMEs (excluding self-employed) per 1,000 population). Lack of knowledge and fear of starting a business are among the factors affecting entrepreneurship. Furthermore, it is noted that the growth of existing enterprises can be dampened both by increased competitive pressures and by such market deficiencies as limited financing opportunities and inability to conduct integrated research and innovation activities, participate in networks and supply chains. In most EU documents on SME policies, increasing of public awareness, development of business consulting and similar services as well as improving quality of and access to such services is recognised as reasonable and proper instruments for increasing entrepreneurship. Development of high-quality public services to business focussed on the elimination of market deficiencies is a precondition for ensuring a speedier growth of SME sector and competitiveness in Lithuania. As the infrastructure of public services for business is young, Lithuania should assume best foreign practices in the area of public services for business as well as instruments that have proved to be useful in order to promote entrepreneurship and reduce the aforesaid market deficiencies. The main problems of the Lithuanian business environment and the businesses’ activities, in particular innovation activities, are related to the: ■lack of working capital and insufficient access to finance (in particular venture capital financing) by businesses, in particular SMEs; ■underdevelopment of public services and related infrastructure necessary for the establishment of enterprises and business development; ■insufficient scope of attraction of FDI; ■insufficient promotion of joint activity forms (clusters, partnerships etc.). Therefore the set of measures supporting entrepreneurship was designed for the progamming period of 2007-2013, including improvement of business support services (namely, Assistant 1, Assistant 2, and Assistant 3).
Give an overview of the instrument 
The measure contributes to the objective of the improvement of the vitality of the existing enterprises and support of entrepreneurship. The measure aims to support the creation and development of new art and/ or business incubators, and so to improve the conditions fo start up creation and development. The activities supported by the measure are: the construction, reconstruction and equipment of business incubators or art incubators. The overall budget of the measure is €22.3m. The measure is administered by the Lithuanian Business Support Agency (LVPA). The selection of projects is based on the general and specific selection criteria, approved by the Monitoring Committee. The general criteria are fixed by the Committee decision No1 (2007 12 21, and applied for all EU SF aid measures. The criteria encompass the coherence of the proposal with the national development goals and strategies, as well as with the EU SF implementation strategy for 2007-2013 and Operational Programmes. The specific criteria are classified into the eligibility for funding and specific priority criteria. The eligibility for funding criteria define specific requirements for the applying institution while the specific priority criteria correspond with the priorities set within Operational programmes, and specific targets addressed by the measure. The measure is limited to public business and innovation support organisations, the specific priority criteria encompass the coherence and quality of the proposal, its importance for the development of entrepreneurship nad innovation, and the like (to be specified after the first call doccumentation will be launched).
What is the date of creation of this instrument? 
Thursday, January 1, 2009
Is the instrument/policy still active? 
Identify the main outputs/results (quantitative and qualitative) of the implementation of this instrument 
Ex-ante indicators selected for the measure (at the end of the period 2015) at the resul and product level:Result level indicators: ■The number of constructed, reconstructed and equipped business and arts incubators - 7; ■The number of SME´s, hosted by business incubators in three years after the project implementation - 70; ■Product level indicators:Number of business environment improvement projects implemented - 7; ■The size of the supported business incubators - 10,000 m2; ■The size of the supported art incubators - 6,000 m2.
What is the co-financing/maximum rate allowed by the instrument/policy (if appl.)? 
Is this instrument/policy linked to a KT practice?