Audrius Zabotka, INVEGA, Lithuania

Watch time: 2min 56sec

Audrius Zabotka, the former INVEGA CEO, speaks of the Entrepreneurship Promotion Fund, that provided start-ups operating for less than a year with financing for growth purposes. This fund, supported by the European Social Fund, allowed the creation of new jobs and provided the final recipients with a platform for future growth. The success of the fund led the Lithuanian government to extend it to the 2014-2020 programming period.