StartupLAB is strategically designed to catalyze the expansion and enhancement of Lithuania’s startup ecosystem. Throughout the StartupLAB initiative, an extensive and methodical innovation promotion programme will be deployed, targeting small and medium-sized enterprises across Western and Central Lithuania. This comprehensive programme aims to facilitate the evolution of innovative products and services, as well as the establishment of new startups within the regions. Comprising a series of thoroughly planned stages, StartupLAB will administer a four-phase programme tailored to address various requirements and stages of business inception. These stages encompass entrepreneurship-stimulating events, known as SparkUP, idea refinement gatherings through hackathons under the banner of IdeaLAB, and culminating in an incubation and pre-acceleration programme under the auspices of StartupLAB itself. Through this multifaceted approach, StartupLAB strives to invigorate entrepreneurial initiatives, nurture creative ideas, and propel promising ventures towards sustainable growth and success.
The project is implemented by Sunrise Tech Park.
Project duration: January 2, 2024 – September 1, 2029.
The StartupLAB project (no. 02-025-K-0005) is funded by the European Economic Recovery and Resilience Plan “New Generation Lithuania” and the budget of the Republic of Lithuania under the call Startuolis 02-025-K.