Sponsorship and investing in society

SEB Bank has a strong belief that entrepreneurial minds and innovative companies are key in creating a better world. We are here to enable them to achieve their aspirations and succeed through good times and bad. Therefore, we take the initiative and show leadership in supporting the development of entrepreneurship with particular emphasis on building competence and innovativeness of starting entrepreneurs.

Innovations Centre

SEB Bank’s Innovations Centre is a cooperation and innovations creation space for financial and various other innovative technology enthusiasts, start-ups as well as small and medium enterprises aiming at fast growth. The Centre offers space to work, arrange meetings and events. SEB Bank’s Innovations Centre functions as a business incubator for early start-ups that need practical and technological advice in refining their ideas. It steps up cooperation between already operating enterprises and starting entrepreneurs.

SEB Growth Programme

In 2018, SEB Bank in cooperation with international consulting company Civitta started the implementation of a unique business growth programme for managers and representatives of small and medium enterprises. The enterprises admitted to take part in the programme are offered experienced mentors’ advice and tasks with the aim to rapidly boost the scope of their activities within a comparatively short period of time. The programme participants are encouraged to try various development methods, improve their business model, search for new markets, clients, innovate, so that they could grow their business not in the measure of percentage, but in times. The programme also includes free-of-charge open events, where participants are provided with knowledge directly applicable in business. Both Lithuanian and internationally recognised foreign experts share their experience with the programme participants. In 2018, SEB Bank’s investment in the programme was EUR 50 thousand, and in 2019 EUR 60 thousand were allocated.

E-Academy

E-Academy is SEB Bank’s entrepreneurship promotion project meant for those who are creating business as well as for those who are yet dreaming of creating their own business. The initiative helps the starting entrepreneurs to get what they often lack the most – knowledge and valuable advice. The E-Academy project consists of two parts: an informational website portal and free-of-charge events arranged with a view to mobilise a community of entrepreneurial people. The events are also broadcast live. E-Academy portal visitors are encouraged to fully consider their business, starting from the idea, client and business model, its financing, product or service design up to sales and business growth. The portal provides not only business creation related information (videos, articles), but also expert advice from a wide range of areas (investment marketing, finance, catering, etc.), shares valuable experience that is useful in starting one’s own business.  As part of the implementation of its E-Academy programme, SEB Bank also organises public events for entrepreneurship promotion, where experts share their experience with the participants, who are also offered possibilities to make useful acquaintances and establish contacts.
 

Children are our future. Therefore, it is highly important for us to create conditions enabling them to get prepared for a successful start of life on their own. SEB Bank supports various civil society organisations that help to address the country’s social problems.

The Fullfilment campaign

SEB Bank together with TV3 television is an organiser of “The Fullfilment Campaign”. It is the largest charity in Lithuania, which every year calls on the society to help disadvantaged children who live in foster homes and children with serious illnesses. Since 2003 it has raised over 8 million euros to change the lives of children.

Lithuanian Children’s Fund

SEB since 1992 has been providing support to the Lithuanian Children’s Fund allocating aid to ten socially needy children recommended by the Fund until they turn 18. Each of these children deprived of one or both parents and living in difficult financial conditions is provided with SEB Bank’s targeted financial aid. SEB Bank helps them to make their life safer and brighter, thus encouraging them to study and develop.

Tennis arena SEB Arena

In its support for sports, SEB in Lithuania mainly focuses on tennis. In 2008, SEB in Lithuania participated in financing the construction of SEB Arena – the largest tennis arena in the Baltic countries. SEB has also participated in the expansion of Sereikiškių tennis court, SEB tennis court in Panevėžys and is closing the tennis court facility in Klaipėda.

Tennis

SEB supports young tennis players, initiates and organises children’s tennis tournaments in the Baltic countries.

Tennis and jazz festival Nida Jazz Marathon

SEB supports tennis and jazz festival Nida Jazz Marathon, which takes place in Nida every year since 2001. It brings together jazz musicians, fascinating the audience with the most ingenious ideas, unexpected improvisations and simply create a passionate jazz story on stage.  Since 2006, Nida Jazz Marathon has been hosting the largest amateur tennis tournament in Lithuania. The festival combines both jazz and tennis, drawing together numerous music and tennis lovers every year.

We do our best to increase knowledge in the area of finance, national economy and personal financial management. SEB Bank experts are continuously engaged in educational activities, provide valuable advice in various forms to strengthen people’s skills in managing their finances.

Lithuanian Macroeconomic Outlook

SEB Bank analysts dealing with macro economy, finance and capital market issues analyse and continuously make available to the public the information on the country’s latest economic trends. Our analysists produce SEB quarterly publication Lithuanian Macroeconomic Outlook and present it to the clients and media representatives. Also, we offer workshops for communities in various regions in Lithuania, sharing our experience and knowledge in business development.  SEB Bank specialists give lectures and make presentations at local universities and colleges. We are focussing on the analysis of economic and financial processes in Lithuania and in other countries, thus making our customers aware of the results of surveys carried out, offering them free-of-charge analytical publications, outlooks, etc.

Association Investors‘ Forum

SEB Bank is a member of association Investors’ Forum that includes the major and the most active investors in the Lithuanian economy. The association’s mission is to improve the business environment and investment climate in Lithuania in cooperation with public institutions and business community. Established in June 1999, today association Investors’ Forum has brought together 60 members.

Login Festival

SEB Bank is the general partner of technology and innovations festival Login. Every year the festival, which is organised for thirteen years already, has more than 6 thousand participants, more than 100 lecturers from Lithuania and from foreign countries. Cooperation is based on a shared ambition – a strong desire to spread innovation, promote entrepreneurship and seek creative technological solutions for daily business processes.

Junior Achievement Lithuania

SEB Bank is a permanent contributor to the fostering of the young generation’s entrepreneurship and is patron of Junior Achievement Lithuania (JA Lithuania), a non-governmental organisation, which implements economic and entrepreneurship education programmes for young people. Initiative JA Lithuania exists more than two decades. It is aimed at providing Lithuanian schoolchildren with theoretical and practical knowledge in economics and financial literacy, develop their entrepreneurial attitudes, stimulate creative out-of-the-box and innovative thinking.  Every year, JA Lithuania programmes reach about 20,000 schoolchildren from more than 350 schools, and their education process is supported by more than 300 teachers. Schoolchildren gain practical experience at educational companies that are created every year. Also, the education process for young people involves business leaders with their advice, mentorship and possibilities for practice.