ILTH NEWSLETTER ISSUE 12
Welcome to the twelfth edition of ILTH newsletter!
ILTH hub newsletter is out, with the latest news on collaborations in Life Science, Biomed, Fintech, Miltech, Startups – and much more!
Our recent main activities and involvements:
The Hub is delighted to have been instrumental in paving the way for the cooperation MOU signed on 17 May at the Mixiii-BioMed Conference in Tel Aviv, between Enterprise Lithuania and IATI (Israel Advanced Technology Industries).
The Hub team meeting with Lithuanian main media representatives andvisiting the Taglit Innovation Center in Tel Aviv.
ILTH hub team participated and is proud to be a part of Life Sciences Baltics.
Len Judes held a mini seminar with 20 Lithuanian companies, arranged by Global Lithuanian Leaders (GLL) and Enterprise Lithuania.
Israeli PM Netanyahu historic visit to Lithuania
We hope you enjoy this edition!
The Hub Team
8 November, 2018: Fintech Conference Vilnius
Fintech Conference Vilnius. On 8 November guests from all over the world and Lithuania will gather in Vilnius at the largest fintech conference in the Baltics. More details: https://www.fintechinn.lt
15 November, 2018: Baltic Miltech Summit, Vilnius
Baltic Miltech Summit 2018 – a very first time organised event, where innovations and new ideas will meet public officials and defence industry representatives!
Past events and Hub involvements
MAY 8: visiting Agritech Israel 2018
ILTH team participated at Agritech Israel 2018. Modern agriculture exemplifies how research and technology can come together.
MAY 14-16: Biomed 2018 Conference in Tel Aviv
Hub team participated at Biomed 2018 Conference in Tel Aviv. Meeting with Life Sciences Baltics and Lithuanian business representatives.
The Israel Lithuania Technology Hub (The “Hub) is delighted to have been instrumental in paving the way for the cooperation MOU signed on 17 May at the Mixiii-BioMed Conference and Exhibition in Tel Aviv, between Enterprise Lithuania and IATI (Israel Advanced Technology Industries).
Since the launch of the Hub, which is a part of the ISRAEL LITHUANIA CHAMBER OF COMMERCE AND INDUSTRY, in 2014, it has endeavoured to promote and encourage cooperation, joint ventures, exchange of information and knowledge, technology transfer and investment especially for startup companies in the field of life sciences and technology. The Hub Team has spared no effort in bringing Lithuanian and Israeli companies together and has a few success stories to boast. The Team members have participated and spoken at numerous conferences in both countries including playing an instrumental role in all the Life Sciences Baltics (LSB) Conferences and exhibitions, since its inception in 2012 (even prior to the formal launch of the Hub), by way of finding and bringing over key Israeli scientists and entrepreneurs to participate and lecture at the Conferences. Our Director of Life Science, Mr. Zeev Zelig, was in fact the Visionary, and subsequently a partner founder of LSB and continues to advise the organizers as to content.
The signing of the MOU is yet another significant step in promoting and advancing the cause for the benefit of both Israel and Lithuania!
JUNE 1: meeting with Lithuanian main media REPRESENTATIVES AND visiting the Taglit Innovation Center in Tel Aviv
The hub team together with the Lithuanian main media representatives had the honour and pleasure to visit the Taglit Innovation Center in Tel Aviv. The Center for Israeli Innovation is a cutting-edge innovation center is great place to show visitors how Israel of the past is also Israel of the future.
July 2-3: 4th China-Israel Investment Summit in Zhuhai, China
On July 2-3 Len Judes represented the Hub at the recent 4th China-Israel Investment Summit in Zhuhai, China. A summit initiated and well organized by Innovation / Infinity Group. Thrilling new technologies presented by leading Israeli companies. Well done and thanks to Amir Galor and his Team!
September 26-27: Life Sciences Baltics Vilnius
ILTH hub is proud to be a part of Life Sciences Baltics 2018. More than 20 Israeli companies and representatives came to explore the potential business and collaboration opportunities in the Baltic’s life science industry. Many interesting new opportunities, meetings, sessions and follow-ups.
On September 27th Len Judes held a mini seminar with 20 Lithuanian companies, arranged by Global Lithuanian Leaders (GLL) and Enterprise Lithuania. In his presentation, he gave an overview of the Israeli economy and gave tips of how to enter and doing business in Israel. The questions which followed indicated a genuine interest in engaging with Israel.
After the LSB conference for the Israel delegation Hub organised a Jewish Vilnius Tour.
Tomas Navardauskas is leaving our Hub office in Tel Aviv but will continue his anticipation and cooperation in Brussels.
Further news and events
Israeli PM Netanyahu made a historic visit to Lithuania
Prime Minister Benjamin Netanyahu made a three-day visit in Lithuania, where he met with leaders of the Baltic states. The meeting intended to strengthen Israel's relations with the three EU member states.
On August 24th, President of Lithuania Dalia Grybauskaitė met with Israeli Prime Minister Benjamin Netanyahu. Relations between Israel and the European Union, Middle East peace process, global enhancement of peace and stability, and situation in Syria and Iran were discussed at the meeting.
Israeli Fintech Simplex established Lithuanian branch to provide global fraudless payment processing services
Simplex, an Israeli financial technology (fintech) and cybersecurity start-up, has chosen Lithuania ahead of the likes of Luxembourg, Cyprus and the UK as the location for its new global supervision and sales team. The company plans to employ around 20 experts in sales, support, Fraud analysis, marketing, information technologies, data analytics, quality supervision and finance in the coming couple of years. https://investlithuania.com/news/israeli-fintech-simplex-establishing-lithuanian-branch-to-provide-global-fraudless-payment-processing-services/
Lithuanian FinTech sandbox is open for applicants
Startups and established businesses developing financial technology (FinTech) solutions are now welcome to test their innovations in a live environment under the guidance and supervision of Lithuania’s central bank.
The regulatory sandbox is open to both existing authorized financial institutions and newcomers. Eligible participants will be selected based on specific criteria, the innovativeness of products or solutions and their benefits to society being the most important among them.
We came with a mission - to strengthen the connection, deepen the relations between Israel and Lithuania and work for better future together.
We would like to thank our sponsors for supporting our activity Teva Baltics, Inova Baltics and Klaipeda Free Economic Zone.
Subscribe for the newsletter here.
Follow us on our website and Facebook or join us on LinkedIn.
The Israel Lithuania Technology Hub (ILTH)
29 Hamered St.
61502, Tel Aviv, Israel