02 STARTUP ECOSYSTEM: FACTS AT A GLANCE 1,5 million labour force Key competencies: 77,150 IT students at 7 universities and 14 colleges 26,000 experienced IT professionals and 2,380 IT enterprises Java , Oracle, icroso t C# Lithuania’s Startup Ecosystem Leaders: We Have to Join Our Forces to Improve Conditions for Startups in Lithuania To attract more successful startups, Lithuania has to attract specialists from abroad and strengthen its initiatives among different institutions. Business-friendly and supportive governmental institutions; Check and explore lists of partnerships and possible opportunities, and see in-depth information. A virtual platform where experienced businessmen share their knowledge with other businesses. Lithuania’s startup ecosystem has rapidly burgeoned over the last few years. It is a valuable capital, which is necessary for beginners or less experienced startups,” says Roberta Rudokienė, Head of Enterprise Lithuania Startup Lithuania ecosystem … The map shows the ecosystem players in one place. Lithuania’s startup ecosystem has rapidly burgeoned over the last few years. Starting a startup in Lithuania At the end of last year Lithuania boasted nearly 400 startups – a proof of best conditions possible for startups ecosystem. Startup Lithuania connects different players of the startup ecosystem, organizes Tell a friend Share. Choose the most proper school or kindergarten from the list easily. Startup Visa If you are startup founder who wish to establish an innovative business in Lithuania, the Startup Visa is a talent attraction scheme that provides a streamlined entry process to the Lithuanian startup ecosystem for It contains every single element of the local startup scene. Ecosystem Investments Startup Of The Week Startup Visa Podcast Covid-19 Startups Ecosystem Ecosystem Overview Ecosystem Map Support Covid Guide Open Calls Accelerators Tips & Tricks Guidance for Startups Enterprise Lithuania A. GoÅ¡tauto st. 40 A, LT-03163 The growth momentum, achievements, and potential of the Lithuanian start-up ecosystem are increasingly attracting global attention, and it is gaining ground on the international start-up map. As Startup Lithuania connects different players of the startup ecosystem, organizes different events, hackathons and Startup Fair –the main startup event of the year. Was this page helpful? Bank of Lithuania – They play an active part in the booming fintech startup sector. This type of support from local organizations is one of the reasons why Lithuania saw a 45% increase of Fintech companies in 2018. but also leading new economy companies like Uber, Wix.com and many more. You need: mentorship and resources to fund your MVP, team members, test your idea with clients. 🚀𝗪𝗛𝗔𝗧 𝗬𝗢𝗨 𝗪𝗜𝗟𝗟 𝗗𝗢: • Help foreign startups move to Lithuania, integrate into the Lithuanian startup ecosystem, and successfully grow and expand; • Maintain constant communication with founders of foreign startups in the process of relocating to Lithuania Startup Map has 429 startups, and the most popular startups in Lithuania are CGTrader, MailerLite and Hostinger. Settled in Vilnius with your family? Go Vilnius Workshop…, GovTech Lab Lithuania is a team in the public sector that acts as a connector…, Organization which enables enterprises to borrow through crowd funding platforms. The slump was a turning point for many Latvians to plunge into new Startup Lithuania contributes to facilitating…, The project TechHub at the Agency for Science, Innovation and Technology (MITA) invites you to…, TechHub pre-acceleration program is a 3-month program for an early stage startups designed to develop…, Antakalnio g. 17 (Vilnius Tech Park), Vilnius 10312, Lithuania. Additional local players in the scooter market include Flash, MyScoote, Swop and Unicorn Scooters. Plus, The World Bank 2019 Doing Business report placed Vilnius 14th out of 190 global economies for ease of starting a business. Experts and market participants believe Lithuania might have more unicorns soon, with Tesonet CityBee named among the key contenders. Want to be more involved in the Lithuanian startup ecosystem? Those involved in the country’s startup ecosystem believe that Vinted’s success will help to put the country further on the map. With a startup ecosystem value of roughly $156 million, according to our 2019 Global Startup Ecosystem Report, Lithuania is seeing particular success in sub-sectors such as Mobility and Fintech. They are improving the startup ecosystem in Lithuania by educating and consulting current and future entrepreneurs, providing access to a vast network, organizing events, and publishing ecosystem news. “Vinted becoming a unicorn, we believe that will give more opportunities for growth for the whole ecosystem,” says Roberta Rudokienė, head of Startup Lithuania, which is part of Enterprise Lithuania, a non-profit agency that operates … …, Promotion of new ideas and attention to the community of local startup businesses is one…, LIC provides public (free of charge) innovation support services and promotes innovation culture in Lithuania. Thanks for your feedback . Estonia has a busy, supportive and open startup ecosystem eager to support ambitious individuals and startups. In our 2019 assessment of the Lithuania startup ecosystem, we also highlighted: Our local member in this ecosystem is Startup Lithuania, powered by Enterprise Lithuania, a governmental institution that aims to support business and entrepreneurship. As for Mobility, the car-sharing startup CityBee raised $124 million in venture funding in 2018. You can filter them by industry and ranking, and add your own to the map. You can contact us at any time at. Startup Lithuania – one stop shop for current and future... Facebook is showing information to help you better understand the purpose of a Page. The CENTROlink system provides access to the Single Euro Payments Area (SEPA), and are able to issue their own IBANs through Bank of Lithuania APIs. Startup Lithuania is the national startup ecosystem facilitator between fast growing business, venture capital funds, accelerators, startup friendly enterprises, and the government. Speaking of the roots of this Baltic startup ecosystem, Latvia jumped headfirst into the startup world following its recovery from the 2008-2010 economic crisis. The Lithuania startup ecosystem is ranked 15 globally, among 105 countries. Ecosystem. 44 were here. You need: to accelerate your business with angel investors, accelerators or investment funds. Startup Ecosystem. by Andrii Degeler — in World. Our data shows that collaboration is at the core of the fastest growing startup ecosystems. Startup Visa Lithuania is coordinated by Startup Lithuania - the national startup ecosystem facilitator which main working […] About us Startup Visa Lithuania was launched in 2017 and it is a procedure that provides a streamlined entry process to the Lithuanian startup ecosystem for innovative non-EU entrepreneurs to build, grow and compete in our booming international … Deadline: The Tech Transfer program open call will be in Q3 2020 . Startup Lithuania: A national startup ecosystem facilitator, whose main goal is to have more startups in the country and help them grow. Startup Lithuania is the national startup ecosystem facilitator between fast growing business, venture capital funds, accelerators, startup friendly enterprises, and the government. Hence, Lithuanian startup accelerator StartupHighway together with the business-promoting agency Enterprise Lithuania and TRINITI, an alliance of Baltic commercial law firms, has worked hard to bring you a versatile review of the whole Lithuanian startup ecosystem. About us Startup Lithuania is the facilitator of Lithuania’s startup ecosystem building globally recognized startup-friendly environment. 569. shares. 💡 Currently, Startup Lithuania is looking for an ambitious and responsible STARTUP ECOSYSTEM DEVELOPMENT MANAGER who would be responsible for the development and management of the startup e... cosystem, attracting foreign startups to Lithuania and helping them to relocate and integrate into the Lithuanian startup ecosystem. A tool for all stages startups with the whole relevant information about Lithuanian startup ecosystem. No more worries about the relocation process - find an online guide which contains essential advices and information you need to settle in Lithuania.Startup Ecosystem. You have: developed MVP, market adoption, first incomes and clients. Thank you! Startup Lithuania is the national startup ecosystem facilitator between fast-growing business, venture capital funds, accelerators, startup friendly enterprises, and the government. Lithuania is ranked as a top 10 global ecosystem for affordable talent. You can filter them by location, industry and ranking, and add your own to the map. Family. Discover You have: an idea or prototype for a scalable, innovative startup. Startup Lithuania is the national startup ecosystem facilitator, powered by Enterprise Lithuania, the governmental institution under the Ministry of Economy and Innovation. Last year, Vilnius added the Startup Museum to its start-up ecosystem. About usStartup Visa Lithuania was launched in 2017 and it is a procedure that provides a streamlined entry process to the Lithuanian startup ecosystem for innovative non-EU entrepreneurs to build, grow and compete in our booming international community. Sinkevičius’s statement is reflected in the recent boom in Nordic investors in Lithuania, but some local founders worry that the local investment community still has a way to go. Organizations taking care of Kaunas startup ecosystem’s growth sat at the virtual round table to discover recipes on how to accelerate the startup growth in the second-largest city in Lithuania. This Baltic nation is becoming one of the most startup-friendly countries in the world and is particularly strong in the areas of FinTech, IT, life sciences, and gaming. Often startup support programs for Lithuania reach only bigger cities, but it is crucial to use the features of every region in the country. 44 were here. Lithuania’s supportive and open startup ecosystem is eager to support startups and futurepreneurs! She also adds that the growth in the number of Lithuanian startups in the Find everyone involved in startups world. In the area of Fintech, The Bank of Lithuania offers a promising Fintech regulatory sandbox that allows startups to have access to 34 different countries through the CENTROlink system. Lokalise is a localisation and translation management system that was founded in 2016. Lithuania is an attractive country for both entrepreneurs and investors alike. Subscribe if you’re interested. Startup Lithuania – one-stop-shop for current and future startups in Lithuania. It takes just three days to start a business in Lithuania. Submit a New Offer 2019 was an impressive year for Lithuania's startup ecosystem as the country had its first tech unicorn – used clothing exchange and sale platform Vinted – this year. Browse a detailed map of 430 startups in Lithuania by StartupBlink. Vilnius, Lithuania Startup Map has 275 startups, and the most popular startups in Vilnius, Lithuania are CGTrader, MailerLite and Eskimi.. 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