Lithuania

What or Who is the GovTech Innovation Bank in Lithuania?

by Fintechnews Baltic March 28, 2023

GovTech Innovation Bank is a pool of digital innovations – products, services – developed or planned to be launched by companies, startups, academia, or other innovation teams.

Registered innovations will be presented to public sector organizations that plan to improve internal processes, products and services or develop data driven policies.

Registered digital innovations will have an opportunity to be:

• tested and adapted in the public sector through the Challenge Series programme organized by GovTech Lab Lithuania,
• presented at the GovTech Leaders 2023 conference, GovTech Academy and other events.

The main criteria for innovations to be registered in the GovTech Innovation Bank:

• The innovation is based on emerging technologies (such as AI, biometrics, blockchain, data analytics and/or other);
• The innovation is replicable in other organizations;
• The innovation could improve internal processes of organizations, or services or products provided to users, or develop data driven policies;
• The innovation has a sufficient maturity level to be tested with users.

The gates to the bank for the first round will be closed on April 28th.

The pool of innovations will be published on the GovTech Lab Lithuania website. Registered innovations might be presented in various forms (publications, presentations, etc) during programmes and events organized by GovTech Lab Lithuania.

By registering innovations, companies, start-ups and other innovation teams reserve the right for GovTech Lab Lithuania representatives to select information from the information provided in the registration form at their discretion.

Register your innovation here

Featured image credit: Edited from freepik