Kaunas University of Technology (KTU) offering a wide range of technology-related studies and research is well-known for maintaining enduring relationships with business and industry. In February 2012, KTU and Aalto University’s Centre for Entrepreneurship (ACE, Finland) signed a memorandum, which was the basis for establishment of KTU Innovations and Entrepreneurship Centre (KTU IEC). This, unique in Lithuania, department for facilitation of science-business relationship, became a significant incentive for business and state companies to participate in joint projects and initiatives with the University. Successful cooperation with Lithuanian and foreign-owned companies prompted to apply good practices in expansion of the Centre’s areas of activities.
On 19 February 2014, KTU, Lithuanian University of Health Sciences (LSMU) and Lithuanian Energy Institute (LEI) signed a Joint Activities Agreement and established the National Innovations and Entrepreneurship Centre (KTU NIVC), on the basis of KTU IEC established in 2012. On 7 January 2015, Vytautas Magnus University joined the partnership.
NIVC is open for all scientists, researchers, students and entrepreneurs. The Centre unites the activities of integrated centres (valleys) of science, studies and business, Santaka and Nemunas. It aims to facilitate the provision of high quality research services to business and industry acting as a “one-stop-shop” for interaction and contact, and making science-business communication more efficient.