Defense is a business worth 14% growth in specialists’ employment
Large-scale manufacturing projects in defence are part of national security, where tax incentives include a 0% corporate income tax for 20 years.
Large-scale manufacturing projects in defence are part of national security, where tax incentives include a 0% corporate income tax for 20 years.
LIAA has opened a new support program up to EUR 200,000 for start-ups to attract highly qualified staff in R&D in areas of smart specialization or RIS3.
The official opening of PAIH’s branch in Vilnius took place with a seminar for the fintech industry to discuss the local fintech strengths and challenges.
Estonia is holding strong with €75M attracted FDI with energy & climate the hottest categories. Now the plan is to reach 500 DeepTech startups by 2030.
Estonia’s FinTech success (+42% income) is attributed to local digital infrastructure, people capital, and the world’s best tax system.
Estonia has the most startups and unicorns per capita in Europe, a result of its leadership in education, where digitalization is a cornerstone.
Reliable infrastructure and flexible IT talent make Lithuania fly: 61% of GBS and ICT centres expand existing functions over 2023.
Latvia is not yet viewed as an innovation leader and is taking action to integrate into the European digital community.
Estonia is the world’s most advanced digital society, where AI optimizes business processes, customer service, quality control, and risk mitigation.
Last year, €336,000 was earmarked for innovation and entrepreneurship. While NATO will test augmented- and virtual reality with local 5G.