Promoting Entrepreneurship in Lithuania with the European Social Fund (ESF)

Watch time: 8min 10sec

The case study explains a financial instrument from Lithuania that uses co-finance from the European Social Fund (ESF) to promote self-employment and entrepreneurship. This ESF financial instrument is focused on business start-ups and prioritises disadvantaged groups in order to fill financing gaps for these groups’ investment ideas. Our ‘Entrepreneurship Promotional Fund’ case study shows how local entrepreneurs were able to take advantage of low-interest loans from credit unions and free training to launch businesses.