Trends: What Direction Are Modern Day Innovative Entrepreneurs Taking?
Today the globe experiences a massive penetration of information technologies and artificial intelligence into the business environment – automated processes or voice command devices are a present-day trend. Lithuanians are also actively heading their way in these fields – according to the latest data of Startup Lithuania, 81 per cent of new startups are established in the IT field at hackathons.
What Makes Lithuanians Stand Out in the Global Gaming Industry
During the Hacker Games hackathon that took place in Vilnius last December, the team that created the Mushrooming game were declared the winners in the gaming league. This autumn, the game was nominated as one of the best games in the mobile application category. The Lithuanians managed to stand out in the highly competitive gaming industry by implementing an unexpected and ingenious solution.
China–United States trade war offers a chance for Lithuanian exporters to stand out
The economic tension between the US and China could be beneficial for Lithuania, since China has been putting all of its efforts seeking to improve its trade with other states by opening its market to foreign suppliers. This can be proved by the China’s first organised international trade fair “China International Import Expo”, held on 5-10 November, with 18 Lithuanian companies participating in it.
China is a new trade horizon for Lithuanian food and textile companies
Lithuanian amber jewelry, beer, bread crisps, unique perfumery products, baby food, diary and many other Lithuanian-made products will be showcased at the upcoming China International Import Expo (CIEE). In total, 18 Lithuanian companies will present their products and services of clothing, accessories, food and beverage products in more than 160 squared meters area on 5-10 November.
Life Sciences Baltics Startup Pitch Challenge winners revealed
Lithuanian startup Oxipit was crowned the winner of Pitch Challenge by Johnson & Johnson Innovation winner at Life Sciences Baltics on 27 September. A startup that uses AI to diagnose cancer beat out 9 other startups in the Pitch Challenge which consisted of four minute pitches and Q&A session.
Life sciences is the top industry among Lithuanian innovators
Lithuania has been gradually becoming one of the high tech centres in the region – the country has defined a goal to become the most attractive European country for the development of the life sciences sector by 2030. On 26 September, during Life Sciences Baltics, the largest international life sciences forum in the Baltic countries, Lithuanian Minister of Economy Virginijus Sinkevičius presented perspectives for the development of the Lithuanian life sciences industry.
Startup Masterclasess: Meet the contestants in the Pitch Battle!
One of the most exciting parts of Life Sciences Baltics have already started! On 24-25 September 26 startups from Lithuania, Latvia, Estonia, Belarus and Ukraine learned many things in the Life Sciences Baltics Startup Masterclasses presented by Johnson & Johnson Innovation. During the Pitch Battle 10 promising and inspiring life sciences startups will be given a stage to showcase their ideas.
What young Lithuanian life sciences startups and spin-offs need most
Over recent several years 7–8 life sciences spin-offs and startups have been establishing in Lithuania annually. They are developing pharmaceutical and biotechnological products of high added value as well as medical devices. The survey of life sciences companies conducted by Enterprise Lithuania in summer revealed that the development of promising companies of this sector largely depends on sufficient financing in every stage of business development.
Come to Life Sciences Baltics 2018 and spot the best of the Baltics in life sciences
On 26–27 September, Vilnius will turn into the international centre of life sciences. The Life Sciences Baltics forum – the largest in the Baltic countries and most rapidly growing forum in the Nordic Europe – will invite experts of its field to learn about the latest scientific trends and discoveries and to establish contacts with representatives of companies and organisations from the Baltics and other countries.
You can now invest in Veleza – the world’s leading beauty database
August 2018 – Veleza, a leading destination for beauty product ratings, reviews and photos is now accepting investments from private investors partnering with the two of the world’s leading equity crowdfunding platforms – SeedInvest and Crowdcube.
Life changing technologies will be presented in Vilnius
On 26-27 September in Vilnius over 60 companies from all over the world will showcase their products and services: from the artificial human brain project, a microliquidic single-cell analysis technology, a device sending direct electromagnetic impulses into somatic cells to 3D printing technology and advanced immunotherapy products. Visitors can visit this part of the Life Sciences Baltics, the only international life sciences forum in the Baltics, free of charge.
Significant impetus for trade with China will be given by cooperation with the bank
Enterprise Lithuania and Bank of China Limited signed a cooperation memorandum providing Chinese and Lithuanian business communities with an opportunity to develop more efficient cooperation in the fields of trade, investments, services, and industry. The cooperation agreement was signed on 7 July, at the meeting of heads of government of the Central and Eastern European countries and China, held in Sophia.