What Innovation Agency Lithuania does

Innovation Agency Lithuania (Viešoji įstaiga Inovacijų agentūra) is a Lithuanian government public institution headquartered in Vilnius that operates as the country's primary business growth and innovation platform. Founded in 2022 and employing 101–250 staff, the agency provides consulting, export support, funding administration, training, and market intelligence services to more than 25,000 business representatives annually across startups, scientists, and internationally active companies. Its service portfolio is organized around strategic verticals including Life Sciences, GovTech, ICT, Space Technologies, Industry, Security and Defense, Startups, Export, and Entrepreneurship, delivered through dedicated sub-portals (Startup Lithuania, B2Lithuania, GovTech Lab, Miltech Sandbox, Life Sciences Baltics) and flagship events such as Baltic Miltech Summit and Startup Fair.

The agency's core technology is a government-backed digital services infrastructure comprising multiple specialized web portals, a single sign-on platform (sso.inovacijuagentura.lt), and a network of supporting platforms (Mentors portal, Export portal, Business Diagnostics, Verslo e-gidas). It operates InnoHUB Lithuania as a physical presence in Silicon Valley and coordinates a global network of Lithuanian commercial attachés positioned in foreign markets to facilitate international expansion for domestic companies. The platform architecture is essentially a federated portal network layered on top of public-sector program management rather than a unified software product.

As a public institution, Innovation Agency Lithuania is funded through Lithuanian state budget appropriations and EU structural funds rather than commercial revenue. Services are provided free or heavily subsidized to Lithuanian businesses, with grant funding ranging from EUR 88,000 to EUR 160,000 for specific initiatives such as startup internationalization and R&D diplomacy programs in Canada and South Korea, plus a EUR 3 million call for airspace defense technologies. Revenue is not publicly disclosed. The agency's go-to-market is direct-to-consumer through its own consultants, digital platforms, and international attaché network, with no private ownership, venture capital backing, or parent company controlling interest.

Name

Innovation Agency Lithuania

Legal name

Viešoji įstaiga Inovacijų agentūra

Website

https://innovationagency.lt

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

101–250 employees

Short description

Innovation Agency Lithuania (Inovacijų agentūra) is a Lithuanian government public institution providing business consulting, export support, innovation funding administration, and training to more than 25,000 startups, researchers, and internationally active companies annually. It operates sub-portals including Startup Lithuania, GovTech Lab, Miltech Sandbox, and InnoHUB in Silicon Valley.

Ownership category

akta.pro rank

Product category

Public Business Development Services

NAICS

Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors (92615), Management, Scientific, and Technical Consulting Services (5416)

SIC

Services-Management Consulting Services (8742), Services-Educational Services (8200)

akta.pro primary industry

Trade, Industry & Economic Development Administration (BPAIAAAL)

akta.pro secondary industries

Economic Growth, Trade & Private Sector Development Programs (BPADABAF), Program & Project Implementation (TA Delivery) (BPADAEAA), Development Cooperation & Foreign Aid Administration (BPAIAIAG)

Keywords

• Government innovation grants
• Business consulting services
• Export support programs
• Startup acceleration services
• Innovation funding programs

Headquarters

HQ city

Vilnius

HQ country

Lithuania

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Public funding programs: Manages EU and national funding programs for Lithuanian businesses, startups, and research institutions. Provides grants for participation in international events, R&D collaboration programs, and innovation initiatives.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Innovation Agency Lithuania (Inovacijų agentūra) is a national public institution established by the Lithuanian government in 2022 that delivers innovation funding, business consulting, export support, training, and market information services to startups, SMEs, researchers, and internationally active Lithuanian companies. It administers EU and national innovation grant programs and operates specialized sub-portals covering defense innovation, GovTech, life sciences, and startup ecosystem development.

Product overview

Innovation Agency Lithuania (Inovacijų agentūra) is a Lithuanian government agency providing a comprehensive business growth platform with multiple interconnected services. The core service portfolio includes creative business acceleration (Kūrybinio verslo akceleravimas), export support (ExportLAB, Eksporto gidas), market intelligence (Rinkų informacijos centras), innovation training (InoMokymai), and international startup support (InnoHUB Lithuania in Silicon Valley, StartUp Visa). The agency operates specialized sub-portals including Startup Lithuania for the national startup ecosystem, GovTech Lab Lithuania for government technology innovation, Miltech Sandbox for defense technology development, and B2Lithuania for international business connections. Additional services include startup evaluation (Startuolių vertinimas), the Orbis contact search service, business diagnostics (Verslo diagnostika), and co-working centers (Spiečius). The agency organizes major events including Baltic Miltech Summit, Startup Fair, and Life Sciences Baltics. Services are organized across strategic directions including Life Sciences (Gyvybės mokslai), GovTech, IRT, Space Technologies (Kosmoso technologijos), Industry (Pramonė), Security and Defense (Saugumas ir gynyba), Startups, Export, and Entrepreneurship.

Differentiator

Problem solved

Functional benefit

Brands

• Startup Lithuania: A platform supporting Lithuanian startups with resources and international visibility
• InnoHUB Lithuania
• ExportLAB
• GovTech
• Miltech Sandbox
• Life Sciences Baltics
• Startup Fair
• Baltic Miltech Summit

Products and services

• Kūrybinio verslo akceleravimas (Creative Business Acceleration) Acceleration program for creative industry startups and businesses in Lithuania, supporting the development of creative ventures through structured guidance and resources.
• ExportLAB Targeted export-readiness program for Lithuanian SMEs, providing mentoring, market analysis, and go-to-market support for companies seeking to enter foreign markets.
• Rinkų informacijos centras (Market Information Center) Centralized information resource providing Lithuanian businesses with foreign market intelligence, trade data, and analytical reports to support international expansion decisions.
• InoMokymai (Innovation Training) Structured training programs and workshops for businesses, startups, and researchers on innovation management, commercialization, and emerging technology adoption.
• InnoHUB Lithuania in Silicon Valley Innovation hub located in Silicon Valley that provides Lithuanian startups with access to the U.S. ecosystem, including mentorship, networking, and exposure to investors and partners.
• Startuolių vertinimas (Startup Evaluation) Formal evaluation service that assesses and benchmarks Lithuanian startups, providing recognized credentials and feedback to support funding and partnership readiness.
• StartUp Visa Program supporting foreign startup founders relocating to Lithuania by providing visa facilitation and integration support to establish and grow ventures in the country.
• Kontaktų paieškos paslauga "Orbis" (Contact Search Service "Orbis") Partner search service that identifies and connects Lithuanian businesses with potential foreign partners, distributors, and clients in target export markets.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Lithuanian GovernmentcoreStrategic or Co-development PartnerEstablished by the Lithuanian government as a public institution (Viešoji įstaiga) to support business growth and innovation. Operates under government mandate with structural funding.

Scale indicators1 record

Recent moves6 records

Expansion highlights2 records

Direct peers

• Enterprise Lithuania: Lithuania's national export and business development agency providing consulting, market intelligence, and internationalization services to Lithuanian exporters — directly comparable in mandate, customer base, and public-institution structure.
• Invest Lithuania: Lithuania's foreign direct investment promotion agency, operating as a public institution with comparable government mandate and target audience of international investors and growth-stage Lithuanian companies.

Regional players

• Estonian Business and Innovation Agency (EIS): Estonia's national innovation and business support agency offering grants, startup programs, and export consulting — operates the Startup Estonia program and shares structural similarity as a state-backed Baltic innovation platform.
• Startup Estonia: Estonia's flagship national startup ecosystem program under EIS — operates Startup Visa, community platforms, and international promotion comparable to Innovation Agency Lithuania's Startup Lithuania and StartUp Visa offerings.
• Tehnopol: Estonian science and business campus providing incubation, accelerator programs, and innovation services — operates under similar state-backed innovation mandate in the Baltic region.

Broad incumbents

• Business Finland: Finland's national innovation funding and internationalization agency offering grants, consulting, and accelerator services — a larger, more established equivalent in a neighboring Nordic market with comparable mandate scope.
• CzechInvest: Czech Republic's investment and business development agency operating under the Ministry of Industry and Trade — comparable as a Central European state-backed platform serving startups, exporters, and FDI.
• Polish Investment and Trade Agency (PAIH): Poland's national investment promotion and export support agency with comparable mandate of business growth support and internationalization services for domestic companies.

Others

• Lietuvos bankas (Bank of Lithuania): Lithuania's central bank operates the LBChain, Fintech sandbox, and innovation programs — adjacent state-backed innovation enabler serving overlapping Lithuanian fintech and innovation ecosystem.

Emerging players

• Plug and Play: Global startup accelerator and venture fund with corporate innovation programs — comparable as a platform connecting startups with corporate partners and capital, and referenced in the agency's image assets as a partner.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/innovative_LT
• Facebookfacebook.com/inovacijuagentura

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Innovation Agency Lithuania