World Lithuanian entrepreneurs are gathering in London

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.