Headline News 1 billion For the Lithuanian economy: to improve the skills of employees – 7.5 million. euros
Evaluation
7.5 million will be allocated to improve the skills of employees of Lithuanian very small, small and medium enterprises (SMEs) and business and scientific institutions. euros. This is another measure from the 1 billion euro plan to strengthen the Lithuanian economy.
The innovation agency, together with its partners – business associations, research and study institutions, public institutions – will implement various activities that will strengthen the abilities of employees: providing consulting services in the field of innovation, promoting entrepreneurship, increasing the competitiveness of companies, and supporting innovation.
“With digital and technological change taking place, we must now be ready to develop and strengthen the skills and abilities of our workforce to become more competitive both nationally and internationally.” Therefore, the planned investments to acquire the knowledge and competences of employees will encourage scientific and technological progress and strengthen the specific skills of employees needed for this,” says Aušrinė Armonaitė, Minister of Economy and Innovation.
“We aim for these investments to allow employees to acquire knowledge, skills and abilities that are particularly useful in the entire cycle of innovation management – forecasting, planning, organizing and controlling processes. Special attention will be paid to developing management and management skills. This will create conditions for sustainable and innovation-based growth of the Lithuanian economy”, says Iveta Paludnevičiūtė, Chancellor of the Ministry of Economy and Innovation.
3.75 million for strengthening the skills of SME employees and employees of institutions participating in the process of searching for entrepreneurial opportunities under the measure “Skillful Skills”. The financing of EUR 3.75 million is planned for the region of Central and Western Lithuania. euros – for the capital region.
To strengthen the Lithuanian economy, the Ministry of Economy and Innovation until 2023 implements measures with a total value of almost 1 billion euros. About 365 million EUR 320 million for business, innovation and investment. EUR 268 million for state and business digitization. euros – for a greener economy.