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Entrepreneurship in Lithuania
Entrepreneurship in Lithuania
Entrepreneurship in Lithuania
Lithuania is one of Europe’s fastest-growing startup hubs, known for its strong fintech, AI, and blockchain ecosystem. The country offers a business-friendly regulatory environment, low operational costs, and an expanding investor network. Vilnius, the capital, is the heart of Lithuania’s startup ecosystem, home to Tech Park Vilnius and numerous funding opportunities. Kaunas is also emerging as a hub for deep tech, engineering, and manufacturing startups, benefiting from strong university partnerships. With government-backed incentives, high digital adoption, and seamless access to EU markets, Lithuania provides an ideal environment for startups looking to scale globally.
Lithuania is one of Europe’s fastest-growing startup hubs, known for its strong fintech, AI, and blockchain ecosystem. The country offers a business-friendly regulatory environment, low operational costs, and an expanding investor network. Vilnius, the capital, is the heart of Lithuania’s startup ecosystem, home to Tech Park Vilnius and numerous funding opportunities. Kaunas is also emerging as a hub for deep tech, engineering, and manufacturing startups, benefiting from strong university partnerships. With government-backed incentives, high digital adoption, and seamless access to EU markets, Lithuania provides an ideal environment for startups looking to scale globally.
Lithuania founders in numbers
The cofounder landscape in Lithuania shows key patterns in startup activity and founder backgrounds. Among entrepreneurs in this region, 46% are exploring startup ideas, while 54% have committed to specific ventures. This mix of early-stage ideation and established projects shapes the Lithuania startup community. Demographic insights about Lithuania cofounders reveal a median age of 28.5, with an average of 33. The 25-32 age group makes up 41.3% of cofounders in Lithuania. These age groups bring varied experience levels to the Lithuania cofounder network. Skills and expertise among Lithuania cofounders show 41% with technical backgrounds in engineering and technology fields, while 59% bring business expertise in marketing, operations, and product management. This blend of abilities enriches the Lithuania startup ecosystem and creates potential matching opportunities. Popular industries for Lithuania cofounders include Renewable Energy, Community Development, Augmented Reality and Gerontology. Many cofounders in Lithuania also speak multiple languages, adding global perspectives to the local startup scene.
Commitment Type
More than (46%) of Foundersbase founders in Lithuania, are exploring startup ideas, while (54%) are committed to an idea.
Age
The median age of Foundersbase founders in Lithuania is 28.5, while the average is age 33 with a maximum in the group of founders aging 25-32.
Type of Founder
About (41%) of Foundersbase founders in Lithuania are technical (Engineering, AI/ML), while (59%) are non-technical (Product, Marketing, Operations).
Top industry interests
Discover the industries that Foundersbase founders in Lithuania are most passionate about.
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