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

Commission closes investigation into agreement between Bratislava Airport and Ryanair

The European Commission has today decided to close the formal investigation procedure into the agreement between Bratislava Airport in Slovakia and Ryanair after concluding that the airport operator acted as a market economy investor and therefore no advantage has been granted to Ryanair. more »

Jamaica: Agriculture Ministry and World Bank to Assess Weather-Risk Model for Coffee Industry

The coffee industry of Jamaica represents one the largest earners of foreign exchange, approximately US$30 million in 2008. more »

IMF Executive Board Concludes 2009 Article IV Consultation with Mauritius

On January 13, 2010, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Mauritius. more »

IMF and World Bank Announce US$1.6 Billion in Debt Relief to Afghanistan

The World Bank's International Development Association and the International Monetary Fund have agreed to support US$1.6 billion in debt relief for the Islamic Republic of Afghanistan. more »

New study on "Public Goods provided by Agriculture in the European Union"

The Common Agricultural Policy plays a critical role in helping farmers to deliver environmental goods and services, provided that policies are targeted in the right way. more »

Commissioner Samecki encourages Croatia to use EU investment as a launch-pad for growth

Regional Policy Commissioner Paweł Samecki will meet Croatia's Prime Minister Jadranka Kosor and members of her government in Zagreb on 25-26 January to discuss the country's preparations for accession in the context of the EU cohesion policy. more »

Dominican Republic: World Bank approves US$20 Million to Foster Local Development through Municipalities

The World Bank Board of Directors today approved US$20 million for the Dominican Republic in support of the Municipal Development Project, which aims to improve the technical and financial capacity of local governments. more »

EIB supports with EUR 400 million development of automotive sector in Romania

The European Investment Bank (EIB) is lending EUR 400 million to Ford Romania SA for the expansion and refurbishment of the company’s existing car assembly plant located in Craiova in the South-West of Romania. more »

The Agriculture Council studies ways to improve the functioning of the food supply chain

The Agriculture Council of the European Union has examined ways to improve the functioning of the food supply chain with the ultimate aim of controlling the fluctuation in prices and ensuring a more equitative distribution of the added value throughout the chain. more »

806 construction workers in Lithuania to receive help from EU Globalisation Fund

The European Commission has today approved an application from Lithuania for assistance under the Globalisation Adjustment Fund (EGF). more »