SRED and Innovation at SMARTPARK

Scientific research, experimental development (SRED) and innovation are the foundation of advanced society. Therefore, Kaunas FEZ is aiming to create in its territory favourable conditions for the settlement of companies engaging in SRED activities – to gather a Smartpark community.

SRED activities include scientific research performed to gain a better understanding of the phenomena, the object of research and the discovery of new activities. Research can also have practical benefits, such as the achievement of specific goals or the implementation of the findings. Experimental SRED goals include the development of new materials, products and equipment, introducing new or improving the existing processes. SRED activities are often associated with innovation which is a creative and systematic work leading to the introduction of new or improved products to the market.

Over the last few years, Lithuania's attention to the formation of the innovation ecosystem has grown rapidly. This is evident due to the reformed structure of Lithuanian research and increased public investment in science and technology. However, in order to establish Lithuania among the most innovative countries in Europe and the world, it is necessary to further improve the innovation ecosystem.

Bridging the gap between business and science

Kaunas FEZ provides opportunities for SRED businesses to get established, help ease the business and science integration as well as meet European standards. To achieve these goals, we created a community in which we strive to develop a convenient environment for these businesses and to bring SRED companies together.

Smartpark is the community of companies specializing in smart technologies and engaged in activities focused on the development and manufacturing of new products. The creation of a sustainable Smartpark cluster is one of the objectives of Kaunas FEZ. Therefore, aiming to attract and encourage companies specializing in smart technologies, we make every effort to prepare all the required infrastructure: from the construction of roads, streets and engineering networks to developers ready to provide built-to-suit or lease services.

Priority but not the only directions of activities of the companies of Kaunas FEZ Smartpark:

• transport;
• logistics;
• ICT;
• health technologies;
• energy;
• biotechnologies.

Currently, companies which create unique solutions in the fields of automation and robotization or manufacture pharmaceutical, accounting, electrical components, are already operating in Kaunas FEZ.

Our aim is for this community to grow and expand; therefore, we have already constructed the network of access roads to the lots, gas supply, water supply and wastewater systems, pavements and bicycle paths in different stages and we intend to expand them further soon. All this helps companies and their employees to get established quickly and efficiently.

The objective of Kaunas FEZ is not only to grow the community of companies specializing in smart technologies but also encourage the already operating companies to invest in the creation, development and manufacturing of new products. This not only helps create products which compete in the global market but also attracts talents who have high skills as well as growing the economy and wellbeing of the country.