By Daspina Hasanova

Copyright trend

BAKU, Azerbaijan, September 16. On Monday, the
Ministry of Economy and Innovation, Vilnius University, and
students of the High-Tech Business Master’s program signed seven
agreements to support the training of specialists in research
commercialization in Lithuania, Trend reports.

This year, the ministry is funding seven study places in the
Deeptech Entrepreneurship program, designed in collaboration with
CERN. The initiative aims to grow the number of experts capable of
turning scientific achievements into market-ready products.

“We want Lithuania to become a country where breakthrough
technologies are born and thrive. To achieve this, we need to
cultivate young leaders who can bridge science and business and
create innovations that compete globally. At present, only about
ten such specialists graduate each year, while the demand in
Lithuania and across Europe is far greater,” said Acting Minister
of Economy and Innovation Lukas Savickas.

According to the latest Smart Specialization (MTEPI) monitoring
report, more than 215 million euros have already been invested in
Lithuania’s priority high-tech fields, including artificial
intelligence, data analytics, new manufacturing processes, health
technologies, and biotechnology.

However, data from the European Innovation Scoreboard show that
Lithuania has untapped potential in business R&D spending and
patent applications. Commercialization specialists are therefore
seen as a key driver to ensure that investments in science deliver
tangible returns for the national economy.

“We value the sustainable partnership with the Ministry of
Economy and Innovation, which for the second consecutive year, is
investing in our students’ future. Such consistent support reflects
a strategic state-level vision for developing high-tech businesses
and strengthening Lithuania’s innovation ecosystem. Together with
the ministry, we are committed to nurturing leaders who can unite
science and business to create high added value both nationally and
internationally,” said Dr. Birutė Miškinienė, Director of the
Vilnius University Business School.

Vilnius University’s DeepTech Entrepreneurship program,
developed in cooperation with CERN and the university’s Faculties
of Mathematics and Informatics and Physics, will provide students
with knowledge and skills in innovation management, advanced
product and service development, and technology startup creation.
Students developing their own startups will also have the
opportunity to participate in a study visit to CERN, one of the
world’s most advanced research centers.