8 Reasons Why Early Stage Startups Fail

Global statistics show that 9 out of 10 startups fail before even developing their ideas: 20 percent of them die in the first year of their existence, another 30 percent in the second year. What are the biggest and most common mistakes made by early stage startups and how can they be avoided? Mentors of the TechHub startup pre-acceleration program at the Agency for Science, Innovation and...

Registration for the Second Cycle of the TechHub Pre-Acceleration Program Begins

The Agency for Science, Innovation and Technology (MITA) invites startup teams to register for the second cycle of the TechHub pre-acceleration program. During the program 25 startups will participate in a three-month training course, in which, with the help of innovation experts and personal mentors, they will develop their ideas, gain the...

Lithuania’s AI Lab aims at making a leap in AI progress

Lithuania is widely known as a global fintech hub, however its growing AI potential is hard to ignore with multiple AI startups emerging in recent years and a wide range of companies actively executing AI solutions. A country of roughly 2.5 million people currently hosts over 40 mature AI companies and 100 startups developing AI solutions. To further maximise Lithuania’s...

Israeli Startups & Accelerators Guru: Survive the Pandemic and Investors Will Appreciate it

COVID-19 definitely had and still has an impact on the startup ecosystem worldwide. Some innovative businesses face the challenge of survival, it became more difficult to attract investments and make sales. However, others have successfully implemented their ideas in response to current market needs. How to survive the pandemics...

Registration for the TechHub Startup Pre-Accelerator begins

The Agency for Science, Innovation and Technology (MITA) invites startups, as well as individuals who would like to join other teams, to register for the TechHub pre-accelerator. During the program, startups will participate in a three-month training course, in which, with the help of innovation experts and personal mentors, they will develop their ideas, gain the...

Mentored Startups Grow Faster: Turn Your Ideas Into an Innovation with “TechHub”

The pandemic has shown that every crisis can be a time of opportunities. A number of companies have already started looking for solutions in different spheres, such as e-commerce, health, work optimization and  some others, but the market still needs innovations that can solve various pressing issues. The “TechHub” project, implemented by...