Minister of the Economy and Innovation Virginijus Sinkevičius, which is participating in the 29th Krynica Economic Forum, has said that Europe immediately needs a united and coherent digital policy in order to maintain its positions globally.

The Government has approved the Smart Specialisation Programme, updated by the Ministry of the Economy and Innovation. In the Programme, 7 priorities will remain out of 20 currently existing priorities and those newly formede 7 priorities will be focused on promoting innovation in the country.

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.

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...

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...

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.

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.

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...

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.

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,...

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.

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.