Kaunas offers €100k to young entrepreneurs

Kaunas City Municipality will once again help people with innovative business ideas by providing funding of €100,000 through a youth business promotion programme Kauno startuoliai. […]


Big cities and coastal resorts top entrepreneur rankings

Entrepreneurial activity is booming in Lithuania’s three biggest cities – Vilnius, Kaunas, Klaipėda – and the coastal resorts of Neringa and Palanga, according to the 2015 Entrepreneurship Map from the Lithuanian Central Credit Union (LCKU). […]

Swedish Business Awards 2015

Swedish Business Awards: Swedish businesses choose Lithuania for modern ideas and smart people

Lithuanian President Dalia Grybauskaitė together with King Carl XVI Gustaf of Sweden, who is on a state visit in Lithuania, attended the Swedish Business Awards Ceremony on Thursday. […]

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Opinion: I am a victim of Russia’s kleptocracy

It is easy to list what Russia needs to put in place for its economy to grow successfully over the long-term and for its citizens to improve their lives: secure property rights, protection for investors, reliable commercial courts and significantly reduced volumes of regulation. Instead of strangling business at every opportunity and bending it to its will, the state should allow business to develop freely within the bounds of the law. […]

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Google marketing manager: Business must understand how technology changes customer expectations

Marketing manager at Google Regimantas Urbanas says that internet enables direct service sharing; customers can get the necessary service from other customers. In this sense technology coerces businesses to improve, make creative decisions and communicate with their customers personally. Urbanas shared his insights on changes of customer‘s and entrepreneur’s behaviour in Vilnius Innovation Forum ‘Innovation Drift’ last week. […]

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Belarusian businesses keep moving to Lithuania

The current unpredictable economic situation in Belarus, Russia and Ukraine forces businesses to seek a safe haven for their money and ideas in the West. From year to year, the number of companies that have moved from the CIS countries to Lithuania is increasing, Invest Lithuania, the country’s investment promotion agency, reports. […]