World Lithuanian entrepreneurs are gathering in London

Published: 22 June 2010 y., Tuesday

Pasaulio lietuvių ekonomikos forumo dalyviai (Vilnius, 2009 m.)
The fourth World Lithuanian Economic Forum “High tech innovation & investment: local to global” will start in London on 22 June. The Conference aims to unite Lithuanian entrepreneurs living abroad as well as provide an exclusive opportunity for local Lithuanian companies to attract interest from foreign investors.

The conference in London is an ongoing event from the World Lithuanian Economic Forum held last year. This year the forum brings together Lithuanian entrepreneurs living abroad. This will be an exclusive opportunity for local Lithuanian companies to raise funds for business development and expansion in to international markets.

Dainius Kreivys, the Minister of Economy, said: “This Forum of Lithuanians from all over the world is one of the most significant business events recently. It brings an opportunity to unite the highest intellect from both Lithuania and abroad, and to generate the most meaningful business ideas and plans necessary for the recovery of Lithuania.“

More than 200 entrepreneurs, executives, financial and economic experts from Lithuania, United Kingdom, USA, Denmark, Israel and Brazil will participate in the event.

Investors from „Nordic Venture Partners“, „Angels Den“, „Qualcom Ventures Europe“ „First capital“, „SEB Capital“, „Ortrega“, „TLcom Capital“, „London Technology Network“, „M8 Capital“ and representatives of leading venture capital and private equity funds as well as business angels will meet in London.

The innovations and success stories of Lithuanian high-tech companies will be presented during the Conference by Andrius Kubilius, Prime Minister of the Republic of Lithuania, Dainius Kreivys, Minister of Economy of the Republic of Lithuania, as well as the most progressive, internationally successful Lithuanian companies such as Get Jar, Baltic Solar Energy, Sicor Biotech, BPO House and others.

Seven promising Lithuanian technology start-up companies selected in the Start-up Contest will have the exclusive opportunity to pitch to leading venture capital and private equity investors in London. The selected companies include: Minatech (producer of ultrasound transducers), Vittamed (non-invasive technologies designed for physiological monitoring of the human brain), MSC (systems for transport and work optimisation), Activesec (behind the mobile social network “Eskimi”), TOBEGPS (a locator device), “geogoer” (a transport network enabling users to find passengers or vehicles), 1clickfactory (an ERP update centre).

The ambassador for the event is the Prime Minister of the Republic of Lithuania – Andrius Kubilius. The conference is organized by Lithuanian Business Confederation | ICC Lithuania. Conference in London is an ongoing event of World Lithuanian Economic Forum held last year.

Šaltinis: ukmin.lt
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Data on FDI in Moldova posted

Foreign direct investments in Moldova amounted to $829m by the end of the first half of this year more »

POSITIVE EFFECT

Activities of the countries members of the common economic environment (CES) -- Belarus, Kazakhstan, Russia and Ukraine -- may have a positive impact on all members of the Commonwealth of Independent States more »

Government to liberalize R&D tax deduction regulations

The Poland Finance Ministry decided that entrepreneurs will be allowed to deduct part of their expenditure on innovative technologies from their tax base more »

SEMINAR ON DEVELOPMENT OF UZBEK-POLISH TRADE

UzbekInvest national export-import insurance company is acting as co-organiser of business seminar, which will be held within the first National Commercial-Trade Exhibition of Poland in Uzbekistan on 5 October more »

Ryanair margins to take an oil price hit, says O'Leary

Ryanair's profit margins will shrink by one-third next year if oil prices stay at their current record level more »

Romania sees FDI of $2.5 billion in 2004

Romania expects foreign direct investment to reach $2.5 billion in 2004, the Rompres news agency reported Friday more »

Renault looks at Daewoo plant in Romania for Logan production

French auto maker Renault is in talks with the Romanian government to purchase an abandoned automobile production site in Romania owned by Daewoo of South Korea to boost production of its Logan model more »

The Fastest Growing Region in the World

8 new EU states including Lithuania likely to attract most foreign investment, forecasts the Financial Times more »

Sino-Russian energy cooperation makes headway

The four points of consensus reached on the energy cooperation between China and Russia showed that Sino-Russian energy cooperation has made a big progress more »

The Contracts

U.S. agency plans to invest up to US $2 billion in Ukrainian economy more »