Digital Vilnius is a new initiative to promote and develop ICT based startups and businesses in Vilnius.

1. Concept
Mindaugas Danys
September 2013

2.  Accumulate public and private resources in
building, developing and promoting IT based
ecosystem and infrastructure in Vilnius
 Encourage growth of technology based startups
 Promote Vilnius as ideal location for ICT based
multinationals
 Keep Vilnius on the map as an ICT and startups
capital of the Baltics
 Engage citizens in using and applying
technologies
 Promote open source solutions

3.  Dispersed resources
 Lack of ownership
 Uncoordinated activities
 Lack of single voice
 No point of entry

4.  Set up a broad partnership with strong and
sustainable executive team as well as efficient
physical and virtual presence
 Similar to Tech City UK, NYC Digital, Startup
Lisboa, Barcelona Activa, Digital Tel Aviv etc.
Tech City UK: http://youtu.be/wxqWvcFApuo

5.  Vilnius City Municipality
 Multinationals operating in Vilnius: Barclays,
Western Union
 Local ICT companies
 Other progressive businesses: banks, mobile
operators, property developers, PR/advertising
etc.
 Universities
 Venture capital
 Enterprise Lithuania and Invest in Lithuania
 Startup community, INFOBALT, AppCamp,
HubVilnius

6.  LOGIN, Silicon Valley Comes 2 Baltics,
AppCamp
 Practica Capital & Startup Highway
 Hub Vilnius and technology parks
 International School of Management
 Role models for startups: Pixelmator, Mano
drabuziai, Tranfergo, Adduplex, XTgem etc.
 E-solutions: Vilniecio kortele,

7.  Coworking space & accelerator
 Running events
 Coordinated promotional activities
 Matchmaking and training of ICT
professionals
 Startup awards
 Liaising, networking and representing Vilnius
ICT and startup ecosystem
 Promoting ICT education and training across
all levels of education
 Fostering pipeline of startups

8.  Running the coworking and events space
 Providing matchmaking services
 Training ICT professionals
 ? Recruiting
 Promotional activities – bundling resources
together

9.  Annual partners’ membership fee of 10.000
Litas (totaling 200.000 Lt)
 Sponsorships, EU funding etc
 In kind contributions: facilities, office
equipment, advertising space etc.
 Revenues from coworking, training and
events
 Total annual budget 500.000 Lt
 Costs: staff, operational costs, marketing
budget

10.  Non profit company is in charge of
coordination of activities
 Management board supervises strategic
issues
 Small executive team carry out daily
operations

11.  Increased number of startups
 Increased value of companies
 More venture capital invested and attracted
 New ICT multinationals attracted
 More high value added jobs created and
retained
 Increased availability of ICT professionals
 Startup education integrated into university
curriculum
 Sustainable growth and multiplication effects
across different sectors

12.  Mindaugas.danys@
gmail.com