Lithuanian Innovation Centre (LIC), together with Sunrise Valley Science and Technology Park and Kaunas Science and Technology Park, invites companies to apply for the program of Lithuanian Business Incubation Centre (BIC) of CERN Technologies (CERN Incubator), and develop innovative products using CERN technologies.
LHC montavimas
LHC montavimas
© AFP/Scanpix

The list of technological excellence of CERN includes particle accelerators, vacuum technology, data and digital sciences, sensors, detectors, superconducting magnets, mechanical, material, electrical engineering and a host of other innovative technologies that can be applied not only for scientific but also for commercial purposes, "Startup Lithuania" informs.

The assistance for companies provided by the Incubator includes financial support of up to 40.000 euros, preferential rate licensing of CERN intellectual property, CERN and LIC experts’ consultations, premises in one of two technology parks (Vilnius or Kaunas), etc. Start-ups, spin-offs and all young companies (up to 2 years since establishment) with business ideas on how to use CERN technologies or competencies are invited to participate. Participants may be given the opportunity to visit CERN headquarters to learn more about available technologies and their transfer capabilities.

The selection process will take place annually in two stages. In the first phase, participants will be asked to write a preliminary business or product proposal highlighting the need for technological or know-how support from CERN. CERN and LIC experts will select up to 5 best proposals to enter the second phase, where selected participants will be asked to write a comprehensive business plan. At the end of phase two, a Selection Panel, composed of representatives from CERN, LIC, technology parks, and independent experts will select up to 3 proposals who will be awarded financial and other support offered by the Incubator.

Those wishing to take part in the competition and fulfill the potential of the technologies developed by CERN are invited to complete an application by 31st of January 2020.

The world’s largest nuclear and particle physics laboratory CERN, located in Switzerland, granted Lithuania the status of Associate Member State in 2018. Associate membership opens opportunities for Lithuania to work closely with CERN in the fields of science, industry, and technology. CERN technologies and competencies can be applied in the fields of medicine, biomedicine, aerospace, safety, Industry 4.0, cultural heritage and more. The experience of foreign companies confirms – cooperation with CERN undoubtedly enhances the competencies of the companies, increases the advantage and visibility gained by using the CERN name for their advertising.

It is forbidden to copy the text of this publication without a written permission from DELFI.
|Populiariausi straipsniai ir video

Lithuanian businesses might feel coronavirus effect in spring

The coronavirus outbreak in China is already affecting Lithuanian businesses as some companies...

Leader in gaming and VR platforms to undergo major expansion in Lithuania

Unity Technologies , creator of the world’s most widely used real-time development platform for...

German polymer specialist establishing microduct systems production unit in Klaipeda

REHAU , a family-owned polymer specialist with annual sales of around EUR 3.5 billion, is...

Five cities may get another EUR 30 mln to buy electric buses

Lithuania's authorities are considering providing another 30 million euros in EU money to Vilnius,...

Head of Danske Bank Global Services Lithuania resigns

Rosita Vasilkevičiūtė , the current Head of Danske Bank Global Services Lithuania, who has grown...

Top news

Tensions with president push PM's rating further down

Lithuanian Prime Minister Saulius Skvernelis ' popularity rating has dropped further down amid the...

Kazakh student got “Vilnius” tattoo and honed cooking skills

Having won a Lithuanian State Scholarship , Kazakh student Adil Karim from Almaty came to...

Lithuanian businesses might feel coronavirus effect in spring

The coronavirus outbreak in China is already affecting Lithuanian businesses as some companies...

President proposes nine legislative initiatives for Seimas spring session

Lithuanian President Gitanas Nauseda has proposed including nine legislative initiatives into the...

Experience Lithuanian culture: Užgavėnės in Kaunas

In Lithuania, we call the holiday Užgavėnės, which can be loosely translated into ‘Before fasting...

|Maža didelių žinių kaina