FinoMark comment
FinoMark, together with “Neopay,” became official partners of the “Spiečiamės’25” event and established a special prize – €5,000 in financial support for business expansion with no costs.
Project essence
• The goal is to encourage the growth of innovative businesses and provide them with real momentum for faster expansion.
• The prize is not a loan – it is a direct business support measure intended to help a young business take the next step.
• The allocated funds have no interest, fees, or other additional costs – they are dedicated exclusively to expansion.
Important for investors
• This is not a typical investment product, but a contribution to the ecosystem – our way of supporting innovative business and showing that alternative financing can be not only commercial but also value-based.
Project description
The loan funds will be used for business expansion by developing the initiatives presented in the “Spiečiamės’25” project. The financing is allocated for increasing operational volumes, strengthening existing processes, and ensuring planned investments in the improvement of products or services. The funds may be used to increase production or service capacities, purchase inventory or equipment, expand the team, or access new markets.
Purpose of raising funds
For working capital