Memorandum of Understanding with German partners brings Life Sciences Baltic to the new level
Enterprise Lithuania has signed a Memorandum of Understanding with Berlin Partner for Technologies.
„This is a new step forward to strengthen cooperation between Lithuania and Germany in life sciences. Our partnerships which is now confirmed by the official signatures opens even more wide opportunities for our scientists and entrepreneurs, accelerates new projects and facilitates impactful results“, says Donata Mauricaite, Life sciences development manager at Enterprise Lithuania.
The partnership agreement evolves from the long-standing tradition of exchanging delegations, events, experts. In 2016 Lithuanian Embassy in Germany and President‘s office arranged high-level life science days in Berlin. The focus of the event was to explore specific opportunities where two countries can effectively join forces and collaborate. In 2017 Lithuanian delegation participated at Bionnale 2017, organized by Berlin Partner for Technology. Both Lithuania and Germany have committed to meet at Life Sciences Baltics 2018 forum in Vilnius.
Germany is an important partner for Lithuania, a priority market for our business and science, therefore our Government leaders, key scientists and top representatives of business community dedicate effort and hard work to establish long-term relationship, to create a sustainable partnership for mutual benefit.
Memorandum of Understanding has been signed in San Diego (USA) where Lithuanian delegation under the leadership of Mindaugas Sinkevičius, Minister of Economy, is participating at one of the largest life sciences summits in the world BIO International Convention 2017.
Berlin Partner for Technology mission is to ensure support to business and science institutions, to foster knowledge transfer and business development. The agency is a unique and for Lithuania an extremely valuable example of successful public and private partnership. Results demonstrated so far are impressive: close ties with national and regional governmental institutions, over 270 enterprises, development of innovations and establishment of new businesses with facilitated favorable ecosystem in Berlin.
Startup Visa – a new foreign talent attraction scheme, which was launched in Lithuania a year ago, has gathered pace this year – as many as 6 foreign startups started their activities during the first quarter, compared to the same number of startups established over nine months last year.
According to the overview presented by the analysts of Enterprise Lithuania, the international economic environment has been currently particularly favourable for Lithuanian exporters, thus Lithuanian exports will maintain the growth rates and only internal factors such as a tense situation in the labour market and lack of production capacity will hinder development in foreign markets.