Important information
Barclays’ Rise startup space set to open in Vilnius
UK’s Barclays bank is set to launch Rise Vilnius – a 550 sq. m size startup partnering space in the downtown of Lithuanian capital in July.
“Rise is a community of fintech companies that grow and create together with Barclays. We see it as an opportunity to embrace and to discover innovation that disrupts our business models. It is also an opportunity to implement these ideas faster whilst bearing in mind how they can be adapted by Barclays or other companies. Think of an early stage startup – finding first clients is of tremendous importance to it, and so we can be their first customer and a partner at the same time given our experience,” said Mariano Andrade Gonzalez, the Head of Barclays’ Global HR Service Centre in Vilnius.
He also stated that startups will not be pulled into a corporate environment, but will concentrate on creativity, collaboration and scaling instead. Mr Gonzalez also believes that Lithuania is too small for a Lithuanian-only fintech startup incubator, so he expects to see young creatives from region, including Poland, Ukraine and Belarus, at the Rise centre. In addition to fintech, Rise would like to see HR or gaming startups at the premises.
The Barclays’ startup space is set to launch at the Vilniaus Vartai business centre. It will host more than 50 working spaces and a conference hall.
Also read:
The 2023 adopted budget for the capital comprises EUR 1.205 billion
After deliberations, the City Council of Vilnius adopted the 2023 capital city budget comprising EUR 1.205 billion, 16.9% more than last year. The main focus will be on expanding the school network and public spaces for recreation, investing in the quality of public transport, and creating new... ❯❯❯
2023-01-23
A special space in Vilnius City for Belarusians: an appropriate place for gatherings and exhibitions
Today the Vilnius City Municipality Administration rented its premises to the Belarusian community. The premises were rented on one of the busiest capital streets, Vilniaus st. 20, for community gatherings. A short-term lease agreement was initially signed with PI “Dapamoga” for a month.... ❯❯❯
2020-10-12
Vilnius extends a helping hand to tenants of premises owned by the City exempting them from taxes
The City of Vilnius reminds that back in March it ensured that residents of Vilnius are exempted from the payment of the real estate tax during quarantine. This also goes to those, who own real estate or land plots, also tenants of state land engaged in cultural, leisure, catering and other... ❯❯❯
2020-04-20
The Mayor of Vilnius R. Šimašius presented to investors the plans of the growing capital of Lithuania
Today, the Mayor of the capital Remigijus Šimašius presented to investors the key works to be implemented in the city in the next four years, the programme for attracting investment, and rejoiced over the achievements of Vilnius. Members of the Investors’ Forum, an independent... ❯❯❯
2019-05-23
Norwegian Yara is about to open its first transport management centre in Lithuania
Norway’s Yara International, one of the world’s largest providers of fertilizers and crop nutrition solutions, has just announced plans to open a logistics-focused European Business Centre in Vilnius, Lithuania. The centre is going to occupy a unique place in the company structure, with no... ❯❯❯
2018-08-02
E-commerce innovators from the Netherlands to develop AI solutions in Vilnius
Convious, an IT company from the Netherlands developing data-driven e-commerce solutions, has just announced opening its R&D centre in Vilnius, Lithuania. The company has plans to build a team that will be responsible for developing the company’s platform that employs AI to provide users... ❯❯❯
2018-07-05
