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2019 07 16
The GovTech lab starts: public sector communicates challenges and is waiting for start-ups

The GovTech lab, which officially started a few weeks ago, is launching its first set of initiatives; today, the first pilot public sector challenges have been announced today to addressing which the public may contribute, including start-ups, academia and the NGOs.

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2019 07 05
Virginijus Sinkevičius: digital economy to become a business card of Lithuania

An increasing number of businesses is becoming more and more dependent on the cutting-edge technology, therefore, the legal environment that allows experimentation with new ideas, technologies and business models must become a key tool for promoting digital entrepreneurship in Europe, says Minister of the Economy and Innovation Virginijus...

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2019 07 04
CERN is establishing a technology business development centre — the only one in Central and Eastern Europe

Lithuania has become the tenth country in the world chosen by CERN to set up its incubator: Minister of the Economy and Innovation Virginijus Sinkevičius and the European Organisation for Nuclear Research (CERN) signed an agreement, on the basis of which the only business development centre of CERN...

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2019 07 04
Baltic-Nordic countries are planning to create the electronic road consignment note (eCMR)

On 4th July 2019 Lithuanian stakeholders from private and public sector signed a Memorandum of understanding on digitalization of cross-border road freight transportation which aims to foster the process of moving from paper to electronic version of cross-border road consignment note(eCMR) in the Baltic-Nordic region.

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2019 07 03
Start-ups will address public sector challenges: launch of GovTech Lab

In Lithuania, a GovTech Lab will soon become operational seeking to help address problems of the public sector by means of innovative solutions. The initiative of the Ministry of the Economy and Innovation will offer a possibility for start-ups to test their technology with the public sector and also will facilitate the technology commercialisation.

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2019 06 18
Foreign start-ups coming to Lithuania will settle faster

As of 1 July, a faster start-up visa issue procedure will be launched: decisions on a visa issue for foreign start-ups in Lithuania will be made by Enterprise Lithuania twice as fast and the deadline will be  reduced from 30 to 15 calendar days, and from 30 to 5 calendar days for start-ups invited to risk and private equity funds. The Migration...

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2019 06 10
A pavilion of Lithuanian producers in China’s giant e-commerce platform

Lithuanian producers will be able to market their production in the Chinese market in one of the largest international e-commerce platforms  — Kaola.com. At the time of Minister of the Economy and Innovation Virginijus Sinkevičius’ visit to China a letter of intent was signed to set up an electronic Lithuanian Pavilion in this platform.

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2019 06 07
Virginijus Sinkevičius: China shows interest in both Lithuanian milk and lasers

According to Minister of the Economy and Innovation Virginijus Sinkevičius, participating in the Chinese and Central and Eastern Europe investment and trade exhibition in Ningbo, China has become Lithuania’s most important trading partner in Asia; yet, the potential for economic cooperation with this country could grow even more rapidly. So far,...

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2019 06 07
Virginijus Sinkevičius: Lithuanian companies will be able to participate in NASA’s acceleration programme

Lithuanian innovative companies generating solutions for the space industry will be able to participate in the NASA’s acceleration programme, says  Minister of the Economy and Innovation Virginijus Sinkevičius at the meeting with NASA’s representatives in the US.

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2019 05 15
Global positions of the Lithuanian laser industry are getting stronger

One of the most powerful laser system SYLOS made by Lithuanians was launched today in the Centre of Laser Researches in Hungary. Mr. Gintaras Vilda, Vice Minister of the Economy and Innovation, who participated in the conveyance ceremony of the unique laser system, said that it is a huge achievement both for Lithuania and global science. 

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2019 05 07
Minister Sinkevičius in the EU’s informal Competitiveness Council: old rules no longer fit for the world of start-ups

‘New business models and technologies require to promote investment to innovation and skill and to create modern legal basis. Old rules are no longer relevant, especially when it comes to the introduction of promising new digital business models, the start-up ecosystem and rapidly evolving...

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2019 04 29
Good News for Startups: Barriers Will Be Reduced to Attract Talent from Abroad

Lithuania will be launching ‘Startup Employee Visa’, a procedure for attracting, retaining and integrating foreign talents that will reduce barriers for the highly qualified professionals that startups need to come to Lithuania. This was established by the memorandum signed today by the Ministry of Economy and Innovation, the Ministry of the...

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