- Biomedical Engineering Institute
- Food Institute
- Health Telematics Science Institute
- Institute of Architecture and Construction
- Institute of Defence Technologies
- Institute of Environmental Engineering
- Institute of Materials Science
- Institute of Mechatronics
- Institute of Metrology
- Prof. Kazimieras Baršauskas Ultrasound Research Institute
Start-up SearchNode born and developed at Startup Space of Kaunas University of Technology (KTU) is named as the most ambitious Lithuanian start-up, according to the global business website Forbes. There are two more enterprises created by KTU graduates among the listed most ambitious Lithuanian start-ups. “We are proud to be reading about Lithuanian start-ups in global media. This means that we are equal players in the game”, says Donatas Smailys, Head of KTU’s start-up incubator Startup Space.
Three out of eight most ambitious Lithuanian start-ups are closely related to KTU: SearchNode, Inside Warehouse and Copictures. The enterprises have raised large venture capital investments, are working with global brands and generate generous revenues.
SearchNode created by then a 16 year-old Antanas Bakšys is offering smart search systems for e-commerce websites. Created four years ago, today SearchNode has 100 customers from 13 countries and calculates 6-digit number annual revenue.
Inside Warehouse, which was founded by two KTU graduates is a virtual system, which embedded into the collaborating websites enables web surfers to see the related retailers’ content and to buy products without leaving the initial website. The start-up has raised 700 thousand dollars from angel investors in the US and Europe. One of the founders of the enterprise, Justinas Taruška is a mentor for the KTU’s start-ups and an entrepreneurship module lecturer.
Copictures created by KTU’s student Dovydas Nackis is offering a joint platform for photographers, media agencies and event organisers, making it a one-stop-shop for all event related content. The start-up has already raised 200 thousand dollars and is expanding into the global market.
Start-Ups in Lithuania Raise 130 Million Euros Annually
“The word start-up has replaced the word innovation across the world”, says Smailys, Head of KTU’s start-up community.
According to him, the fact that our start-ups are becoming globally visible informs the world about the possibilities of Lithuanian market and about the existing beneficial infrastructure for innovation.
“The start-ups are aimed at global markets, they are raising foreign investment and learning from best practices, which is crucial for the national economy and promotes our country on the international level. More than 90 per cent of the investment into Lithuanian start-ups (around 130 million euros) is from foreign investors”, says Smailys.
According to the Head of KTU’s Startup Space, start-up culture not only stimulates innovation, but also requires the adequate attention from the state institutions for creating the start-up ecosystem boosting instruments.
The Lithuanian Ministry of Education and Science is offering 70 partial and fully-funded postgraduate scholarships for international students. Citizens from Ukraine, Belarus, Georgia, Armenia, Azerbaijan, Moldova, Japan, China, Korea and Israel, as well as foreigners of Lithuanian origin, are eligible to apply for...
If You need an answer to the question „Why focus on Career?“ there is one given below. Katie Jarvis in her presentation will share some simple tactics and techniques that can help to focus and build Your career. Traditionally ‘Career development’ meant upward promotion. However, organisations are flatter and leaner...
28th of March, in Central library (Donelaičio st. 20) as a result of electrical installation works library working hours will be shorter by half an hour.
70 scholarships will be offered for the academic year 2017/2018. A monthly scholarship and a benefit that covers the study cost is offered for the nationals of the Republic of Ukraine (40 grants altogether); A monthly scholarship and a benefit that covers the study cost is offered for the ...
The team of students from Kaunas University of Technology (KTU) Faculty of Informatics has come ahead of 950 teams of programmers in the international competition Google Hash Code, organised by Google Corporation. The competition took place at KTU last month. By taking the 55th place in the world KTU students were...
Independent research, initiated and carried out by Kaunas University of Technology (KTU) interdisciplinary migration research cluster shows that introduction of Euro in Lithuania coincides with the fourth wave of emigration. In 2015, more than 40 thousand people left Lithuania, and in 2016 – around 50 thousand....
On the 25th of March (Saturday) Chemical Technology Library (Radvilėnų rd. 19) working hours will be from 9 am. until 5 pm.
22-23rd of March, in Central library (Donelaičio st. 20) as a result of electrical installation works library working hours will be shorter by half an hour.