EUR 77.7mn will be allocated for mission-driven science and innovation programmes

Of the EUR 1 billion earmarked for the economy, EUR 77.7 million will be allocated for mission-driven science and innovation programmes. In preparation for the launch of the new funding tool for addressing public concerns, the description of conditions for funding this project was submitted for public discussion, announced the Ministry of Economy and Innovation.

“We are preparing for the launch of this new tool to make target investments in science and innovation while addressing relevant public concerns. We want to strengthen our country’s science and business partnership in a comprehensive way and accelerate the development of innovative services and products. We intend to launch the call for projects later this year, and our aim is to make the process as smooth as possible. Representatives of business and science can already get acquainted with the funding conditions and make comments and suggestions,” said Aušrinė Armonaitė, Minister of Economy and Innovation.