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

Statement by an IMF Mission to Dominica

An International Monetary Fund (IMF) mission led by Mr. Hunter Monroe of the IMF’s Western Hemisphere Department visited Dominica during January 18-28 for the annual Article IV discussions on economic developments and macroeconomic policies. more »

Experts request market management mechanisms to protect the farming sector

Experts in agriculture and government authorities coincided in requesting new management mechanisms and market regulation to protect the farming sector from the price crisis and enable generational changeover in rural areas at the European Congress of Young Farmers, organised by the ASAJA-Seville agricultural organisation. more »

Skills and jobs experts call for action now

Immediate action is required to solve Europe's skills deficiencies and give Europeans a better chance of labour market success in the future, says an independent expert report published by the European Commission today. more »

EIB lends EUR 115.5 million for environmental and small and medium-sized investments in Ukraine

The European Investment Bank (EIB) is lending EUR 15.5 million to upgrade water supply and wastewater treatment in the City of Mykolayiv (southern Ukraine) and EUR 100 million to finance small and medium-sized investments in the areas of SMEs, energy efficiency and the environment in Ukraine. more »

Antitrust: Commission confirms inspections in electrical equipment industry

The European Commission can confirm that on 20 January 2010 Commission officials carried out targeted inspections at the premises of producers of Flexible Alternating Current Transmission Systems (FACTS). more »

State aid: Commission temporarily authorises Lithuania to grant limited amounts of aid of up to €15,000 to farmers

The European Commission has authorised today under the State aid rules a Lithuanian scheme worth LTL 10 million (approximately EUR 2.9 million) aimed at supporting farmers who encounter difficulties as a result of the current economic crisis. more »

World Bank President Says African Poor Still Vulnerable to Crisis, Important to Create Basis for Future Growth

The effects of the global food, fuel and economic crisis would be felt by Africa’s people for some time yet and it was important to persist with efforts to protect the most vulnerable while laying the foundations for future productivity and growth, World Bank Group President Robert B. Zoellick said Tuesday. more »

Just like the herders, we must prepare ourselves for hard times

Mongolia’s herders have learnt a hard lesson this winter; a lesson that can perhaps be applied to managing Mongolia’s economy. more »

DnB NORD Bankas ups initial margin ratio for repo deals

DnB NORD Bankas, the leader of the country’s in investment products market, raises initial margin ratio for repurchase deals for most actively traded Lithuanian and Estionian shares. more »

Pensions, unemployment under scrutiny by Crisis Committee

With over 23 million unemployed in the Europe Union and the jobless figure having risen in every member state since last year, how Europe is coping with the crisis and the effect on pension systems were discussed on Thursday 28 January. more »