A total of 463 entrepreneurs were financed by the Entrepreneurship Promotion Fund (VSF) in 2014, or by 55 percent more than in 2013. Young people aged up to 29 years old were the most enterprising. […]
Mats Persson marvels at the changes Vilnius has undergone since his first visit to Lithuania just three years ago. The Swedish head of Adform, a Denmark-based specialist in multi-screen brand advertising, comes to the firms’ Vilnius office several times per month, and is impressed by the pace at which the Lithuanian capital is developing. […]
For the second consecutive year, the Western Union Foundation Lithuania is giving grants to support non-government organizations and social initiatives in Lithuania. […]
This year, Lithuania for the first time participated in the finals at the international Creative Business Cup competition, held in Copenhagen on 17-19 November. Results achieved by entrepreneurs of creative industries at the world championship surpassed all expectations. […]
On 14 November, Kaunas University of Technology will open the new Science, Technology and Business Centre, part of Santaka Valley. The Centre, hosting state-of-the-art laboratories and knowledge-based enterprises, will become a hub for progressive technologies and knowledge-intensive business representing synergy among research, studies and innovations. […]
On 14 November 2014, Santaka Valley KTU Science and Technology Centre and Technological Business Incubator will open. KTU Santaka Valley is one of the most important objects strengthening the image of Kaunas as business and investment-friendly city. KTU Santaka Valley will strive to become one of the important pillars for local and national economy. […]
A group of American-Lithuanian entrepreneurs have opened two offices in Vilnius and Kaunas, saying the decision to base their company in Lithuania helps sign up new clients from the United States. […]
On the list of Doing Business 2015, a World Bank Group flagship report which was released this Wednesday, Lithuania remains as one of the most favourably assessed countries in the world in terms of starting a business. […]
The education system oriented at academic achievements prevents Lithuania from becoming an innovative country. It does not promote innovative thinking, entrepreneurship and is impeding such traits says senior economist at Swedbank Laura Galdikienė. […]
The seven winners of the 8th edition of European Enterprise Promotion Awards (EEPA) were announced on Thursday. Lithuania’s App Camp was recognized for its project Mobile Apps Laboratories, an initiative that, according to the jury, best promotes entrepreneurial spirit. […]
“A few of the 15 Lithuanian startups I have mentored have a really good prospect of raising funding from international investors,” says Christian Thaler-Wolski, investor and mentor. Last week he came to Vilnius from Germany to teach Lithuanian startups what topics should be covered when talking to investors and how to prepare your best one-on-one pitch. […]
The Beatles vinyl records which are not used to play music anymore can be taught to tell the time – the idea two Lithuanian entrepreneurs, 27-year-old Laurynas Mazeliauskas and 22-year-old Žilvinas Kuprėnas, have proven business-viable. The founders of Crop Shop who are making original clocks from old vinyl records say that they are going to conquer the world as their ideas are becoming more and more attractive to customers not only in Lithuania but in foreign countries as well. […]
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