Kohesio: discover EU projects in your region

project info
Start date: 15 February 2019
End date: 31 December 2022
funding
Fund: European Regional Development Fund (ERDF)
Total budget: 2 644 110,00 €
EU contribution: 2 644 110,00 € (100%)
programme
Programming period: 2014-2020
Managing authority: Finansų ministerija
European Commission Topic

Intelligent specialisation in the deployment of R & D results, digitalisation of production processes, industrial plants (for Smart InoTech industry)

In order to transform the Lithuanian economy towards new activities with higher added value, it is necessary to significantly increase the number of enterprises engaged in EP and innovation activities in the economy and create incentives for the creation of more economic impact innovations based on new knowledge. The importance of innovation and its specificity in business is also strongly determined by the global industrial development trends associated with the fourth industrial revolution (Industry 4.0). To address these challenges, it is necessary to concentrate innovation support and advisory services on: (I) minimising the “valley of death” between R & D results (development of new knowledge and technology) and innovation (technology deployment); (II) the creation of incentives for the absorption of R & D results applicable to the digitisation of industry; (III) promoting demand/offer for digital innovation; (IV) involvement in value chains for the development and deployment of digital innovations based on EU R & D results; (v) the use of digital innovations in the development of R & D activities; (VI) the formation and development of DIH services.

Flag of Lithuania  Vilnius County, Lithuania