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

Foreign direct investment in Lithuania has decreased

Statistics Lithuania informs that based on provisional data as of 1 April 2008 foreign direct investment (FDI) made LTL 33.63 billion, or by 2.8 per cent less than on 1 January 2008. more »

Turkish credit-card market expects strong growth

Boston-based Celent LLC has published a new report about the state of the Turkish credit-card market, which has developed rapidly over the last decade and is expected to represent a high-growth opportunity. more »

Microsoft’s Annual Revenue Reaches $60 Billion

Fastest annual revenue growth since 1999 fuels 32% increase in earnings per share. more »

First Data To Be Acquired By KKR

First Data Shareholders to Receive $34 per Share in Cash; Transaction Valued at $29 Billion more »

National Bank reports 3.8-percent decrease in Belarus' international reserves in January

Belarus' international reserves decreased by 3.8 percent in January 2007 to $1,329.9 million as of February 1, according to the National Bank of Belarus (NBB). more »

Minsk Tractor Works reports 19.8-percent year-on-year increase in output in January

The Minsk Tractor Works (MTZ) manufactured nearly 172 billion rubels worth of industrial products in the first month of 2007, which was a 19.8-percent year-on-year increase. more »

Minsk expected to borrow up to $1 billion abroad this year

The Belarusian government plans to borrow up to $1 billion abroad this year to cushion the effects of a sharp hike in the price of energy resources. more »

Russian Audit Chamber suggests reviewing economic relations with Belarus

Russia's Audit Chamber has suggested reviewing all economy agreements between Belarus and Russia, Andrei Kokoshin, head of the standing committee on CIS affairs in the State Duma (Russia's lower parliamentary house), said on Thursday. more »

Belarus considers buying two oil fields in Russia

Belarus is contemplating the purchase of two oil wells in Russia, a senior executive at the Belneftekhim state-controlled petrochemical concern said Tuesday. more »

Lukashenko warns against economic development slowdown

Aleksandr Lukashenko warned that a slowdown of Belarus' economic development pace could undermine public confidence in the government and damage the country's image in the international arena. more »