On the 27th of September the European Space Agency Business Incubator (ESA BIC Lithuania), located in Visoriai Information Technology Park in Vilnius and Tech-Park Kaunas, has been officially opened during the Vilnius Space Days conference.

Startup culture is being rapidly adopted by large corporations around the world. In Lithuania, there is also a growing number of people working with startups to take advantage of innovative ideas, business models and cutting-edge technologies more quickly and with less risk of loss. Tech-Park Kaunas Business Mentor Team together with the international Urban Tech Accelerator has invited the country's largest companies and organisations as well as startups to join in the development of co-innovation.

Great news! The second call for all Lithuanian startups with a space-based idea, technology or solution is open. Apply for the European Space Agency Business Incubation Centre (ESA BIC Lithuania)! 

The startup ecosystem in Lithuania is growing rapidly, which is reflected not only in the number of attracted venture capital investments but also in the increased participation of startup founders in R&D programs. Together with the Minister for Economy and Innovation, Aušrine Armonaitė, and a team from the Ministry of Economy and Innovation, we met to discuss relevant measures to promote innovation.