Business Stimulation Politics

One of the major Vilnius' strategic goals is creation of positive environment for new business, i.e. initiatives to create business system, sustainable business support program related to the increase of employment, as well as funding.

Municipal Support for Business. The program "Encouragement of new employment opportunities and creation of new business opportunities in the City of Vilnius" aims to provide favorable conditions for development and implementation of new business initiatives. It also deals with development of management capacities, establishing excellent conditions for quality, but cheaper service including theoretical and practical knowledge, information, suggestions, consulting and advice. City Municipal Government provides small and medium size business representatives with an opportunity to improve their skills and participate in seminars, use consulting service according to their own interests.

Partnership in Acquisition of Grant from Structural and other Funds Vilnius City Government is a partner in a project called "Usage of mechanisms of the European Union Structural Funds within the Vilnius metropolitan zone at the district of "Naujoji Vilnia" financed from the EU's Leonardo da Vinci.

Development of New Knowledge Economy is on of the top priorities for the Vilnius Vision. This goal will be achieved while using the present and creating the new infrastructure, certain science and business. There are distinctive knowledge economy centres in Vilnius.

The Handicapped-run Business Support. The Municipal Government tends to shape a labour market accessible for everyone while implementing its employment plan.

Creation of Business Incubators and Business Centres. The City of Vilnius is a joint stock holder of "Business Incubator of Vilnija". Giving certain funds for the formation of the incubator's capital, the City is actively involved in supporting small business in need.

Business Studio of Naujoji Vilnia. In 2003, the City of Vilnius supported the Naujoji Vilnia (Industrial District) business study documentation preparation. This preparation will encompass study for a 5 year period.

Taxation Privileges. Setting the aim to increase the number of enterprise in the city as well as new employment, the City Council approved new regulations for "Regulations to decrease land-property costs" in 2002 that are highly applicable as business facilitator.

Support for Business Projects Creating New Employment. There is a program launched that deals with projects having efficient means to offer new jobs on the labour market.