Vilnius Gediminas Technical University

Home For business Knowledge and Technology Transfer Centre Innovative Business Innovative business promotion (INOVEKS)

INNOVATIVE BUSINESS PROMOTION (INOVEKS)

Project acronym: INOVEKS

Project coordinator: Agency for Science, Innovation and Technology

Project budget: 2.785.200,13 EUR

Supported by: European Regional Development Fund (ERDF) and The European Social Fund.

Project end date: October 1, 2015 (duration 24 months).

Project partners:

Vilnius Gediminas Technical University (The Faculty of Business Management)
Lithuanian University of Health Sciences
Lithuanian Energy Institute
Northtown Technology Park
Kaunas University of Technology
Vytautas Magnus University
Aleksandras Stulginskis University
Kaunas science and technology parc
Science and Technology Park TECHNOPOLIS
Vilnius University
Vilnius University International Business School
Sunrise Valley Science and Technology Park
Visoriai Information Technology Park
Klaipėda University
Klaipeda Science and Technology Par

Project description:

Agency for Science, Innovation and Technology (MITA) is the main governmental institution responsible for innovation policy in Lithuania. Innovation is one of the key factors for the development of national economy, but, according to the Innovation Union Scoreboard (the European Union (EU) Member States' performance in Innovation assessment tool), Lithuania now ranks of the last in the EU. Therefore it is necessary to promote development of Innovation in both Business and Science areas, with particular emphasis on mutual cooperation and technology transfer processes.

Project tasks:

To create opportunities for students, doctoral students and young researchers to generate, refine business
ideas and establish new high added value technology start-ups, getting advice in creating a model and (or) a prototype and get preferential conditions for businesses development.

Project activities:

Run a selection process of the best ideas from undergraduate, postgraduate and PhD students, and young scientists, consulting on submission of ideas and legal business issues;
Expert advices for the SMEs in regard to research commercialization, technology transfer, business development, prototypes and (or) models creation issues. SMEs incubation in science and technology parks.

- Page administrators:
- Margarita Prokopovič
- Vilma Purienė
- Kristina Lazickienė
- Augustė Jablonskytė
- Agnė Augustinaitė