FinoMark comment
FinoMark together with "Neopay" have become the official partners of the "Spiečiamės’25" event and established a special prize – €5000 in financial support for business expansion with no costs involved.
Project essence
• The goal is to promote the growth of innovative businesses and give them a real push for faster development.
• The prize is not a loan – it is a direct business support measure designed to help a young business take the next step.
• The allocated funds carry no interest, fees, or any additional costs – they are purely for expansion.
Important for investors
• This is not a typical investment product, but a contribution to the ecosystem – our way of supporting innovative businesses and showing that alternative financing can be not only commercial but also value-driven.
Project description
The loan funds will be used for business expansion, specifically for the development of initiatives presented in the “Spiečiamės’25” project. The financing is intended to increase operational scope, strengthen existing processes, and ensure planned investments into the improvement of products or services. The funds may be utilized to increase production or service capacity, acquire inventory or equipment, expand the team, or enter new markets.
Purpose of raising funds
For working capital