R&D solutions developed at the University can be commercialized when setting up an innovative company to develop, produce, sell or further develop R&D-based solution in the market. Innovation Office can offer initial advice for researchers on how to set up and run a company. Seeking to contribute to the creation of an ecosystem of innovative start-ups, Vilnius University may grant a “University start-up” status to a new company. Vilnius University has also the opportunity to invest in R&D solutions developed by the members of the University community, who establish an enterprise for the commercialization of R&D solutions, as long as this is consistent with and complementary to the mission of Vilnius University Statute and adheres to its operational objectives. Every need for an investment is always assessed, evaluated, and decisions are made in accordance with the principles of benefit, efficiency, rationality and accountability to the public.






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