Saulėtekio slėnis VšĮ secured €350,843 in non-dilutive funding with ProBaltic Consulting for two innovation-ecosystem projects — technology transfer centre development and a business angels network.

ClientSaulėtekio slėnis VšĮ
FieldR&D, education & training
Programme / measureInogeb LT-1; Nacionalinės paramos projektas
Project codeVP2-1.4-ŪM-03-K-01-006
Year2009
Grant awarded€350,843
Managing agencyLVPA
Services providedApplication and project documentation preparation

Challenge

Science-to-business intermediaries operate without sales revenue: their development depends almost entirely on public funding. At the same time, innovation-support measures such as “Inogeb LT” set strict requirements for service scope, indicators and eligible costs.

Funded projects

  • Verslo angelų tinklas — €44,049 (Nacionalinės paramos projektas)
  • Technologijų perdavimo centro plėtros 2-as etapas — €306,794 (Inogeb LT-1)

Solution

ProBaltic Consulting prepared the applications and project documentation for both projects: the activity and indicator structure, the budget and the eligibility rationale under LVPA requirements.

Results

  • €306,794 — technology transfer centre development, phase 2 (“Inogeb LT-1”);
  • €44,049 — business angels network project;
  • €350,843 in total non-dilutive funding for a non-profit organisation.

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