Technology and Science for Innovative Industry

Contact person 
Monika Usevičiūtė
PE "Sunrise valley"
Do you want to share an instrument/policy or a knowledge Transfer practice? 
Innovation instrument(policy)
What are the following keywords/priorities which better fit the instrument/policy?  
R&D cooperation (joint projects, PPP with research institutes)
Indicate the country from which the instrument (or policy) is 
What is the title/name of the instrument/policy? 
Technology and Science for Innovative Industry
Indicate the target group/beneficiaries of the instrument/policy 
SMEs only
What is the aim/objective? 
This project will encourage the Industry Academia Partnership, technology transfer, commercialisation research and science results, protection of intelectual property, which will directly lower the risks of beggining of innovative business and result in the creation of innovative companies and new products enrtering to the market. The aim is to facilitate cooperation between business and science, help to establish new high-added value creating businesses and create a healthy environment for technology companies in Lithuania.
Give an overview of the instrument 
Strengthened Industry and Academia competencies to collaborate, which will encourage the active process of technologies transfer; invented systems of technology transfer and commercialisation of "know how"; invented new technology companies; entrance of new technologies, products and services to the market; increased industry academia participation in R&D programmes. Project specialists provide high quality consulting services to enterprises and scientists, facilitate their cooperation and administer provision of services, including but not limited to: market reseach, expert assessment of R&D ideas, protection of intellectual property
What is the date of creation of this instrument? 
Tuesday, August 14, 2012
Is the instrument/policy still active? 
Identify the main outputs/results (quantitative and qualitative) of the implementation of this instrument 
1000 research institutions and companies will benefit from the project activities. There will be organized Innovation Forum in 2013, which will have the status of the Lithuania presidency in European Council event. Two years after the project ends the number of the Industry and Academia projects will increase by 15 per cent.
What is the co-financing/maximum rate allowed by the instrument/policy (if appl.)? 
Aid intensity is 100 % of eligible expenses in all cases
Is this instrument/policy linked to a KT practice?