Startup Lighthouse refers to the Baltics instead of a specific country or city as the region itself is a large interconnected hub with connections and networks which can be leveraged in Lithuania, Estonia or Latvia. The ecosystems in the Baltic states have been developing fast in recent years, with high investment in digital infrastructure leading to top accessibility rates and boosting some of the fastest internet speeds in the world. Estonia has the most startups per capita in Europe, with success stories including TransferWise, Skype, Vinted and Ask.fm.
Lithuania is at the forefront of the blockchain revolution with Lithuania-based projects attracting 10% of all global ICO investments. Successful ICO’s such as BitDegree, Monetha, Bankera, Lympo, WePower, carVertical are based here. Being the EU’s only hub for the digital ledger it is a gateway for global blockchain industry. Bank of Lithuania is the first to create and launch (in 2019) a regulatory and technological sandbox platform-service – LBChain – for domestic and foreign companies to develop and test their blockchain-based solutions.
Qualified introductions to get leads for your new local clients.
Packed agenda so you become familiar with the key players in the ecosystem
Matching your needs, connecting stakeholders, attending Block Forum (free access)
Dorota Skuseviciene from Startup Division will be your Scaling Manager
Our network & Scaling Managers remain at your disposal
Travel costs support
Reimbursement of up to 500€ of travel expenses
Why the Baltics?
Hosting a number of Fintech startups such as Revolut from the UK and International Business Settlements from China
Home to support centres for multinationals such as Barclays, Western Union, Cognizant, NASDAQ, SEB, Tele2, Cytec, Orkla, Fujitsu
Rapid expansion of the robotics industries thanks to some of the highest numbers of S&T graduates per capita in Europe
Proximity to non-EU countries such as Ukraine or Belarus, whose startups often choose the Baltics as the base for EU expansion
Very accessible governments with advanced public data initiatives
Well-educated, international and tech-savvy workforce, with a smart focus on IT, biotech, nanotech, and materials science