Project Duration and Funding

• Duration: 2025-04-01 – 2027-04-01 (25 months)
• Funding Body: European Institute of Innovation and Technology (EIT)
• Framework: Horizon Europe – Framework Programme for Research and Innovation
• Project Number: 24577 – CinnovateE
• Total Budget: €1,339,766.78

Project Partners

• IE University (Lead Partner, Spain)
• Nord University (Norway)
• Lithuania Business College (Lithuania)
• Spain Startup and Investors Services, S.L. (Spain)
• Architectural Association School of Architecture (United Kingdom)
• PKF Attest Inncome SL (Spain)

Project Goal

To promote the circular economy with a focus on:

• Institutional transformation and implementation of new programs at Lithuania Business College (LTVK);
• Development of new programs and support for start-ups;
• Formation of alliances with key stakeholders.

Specific Project Objectives

• Develop new programs aimed at enhancing entrepreneurship skills for LTVK students and staff;
• Implement business acceleration programs based on circular economy principles;
• Establish student entrepreneurship support units focused on circular economy;
• Create specialized technological divisions at LTVK (e.g., Business Incubator, Innovation and Leadership Labs) dedicated to circular economy themes;
• Build partnerships with external stakeholders to enhance sustainability impact (start-ups, VMT, business clusters, associations such as PPAR, Business Confederation, SIC);
• Develop a comprehensive communication and dissemination strategy for the general public.

Project Implementation Phases

Phase I (2025-04 – 2025-12)

Main goal – structural changes at LTVK:

• Development of two study programs (3 ECTS, 80 academic hours each) focusing on circular economy:
  • Logistics in the Circular Economy
  • FinTech Solutions in the Circular Economy
• Implementation of a mentoring program for students and staff;
• Development of two non-formal education programs:
  • Circularization in Business
  • Sharing Economy

Phase II (2026-01 – 2027-04)

Main goal – practical implementation and international cooperation:

• Establishment of a business incubator to support start-up development and infrastructure formation;
• Initiation of cooperation with external partners;
• Organization of an international summer camp CAMP 2026 (June 2026);
• Development of two formal education programs (3 ECTS, 80 academic hours each):
  • AI in Business and Human Resource Management
  • Blue and Green Economy Solutions
• Creation of four non-formal education programs:
  • Green and Blue Economy Solutions
  • Climate Change Strategies
  • AI in Business
  • Creativity and Innovation in Business

Project Team

A competent and experienced team is involved in the project, with solid backgrounds in project management and academic expertise:

• Prof. Dr. Angelė Lileikienė
• Assoc. Prof. Dr. Jurgita Martinkienė
• Assoc. Prof. Dr. Kristina Puleikienė
• Assoc. Prof. Dr. Simona Grigaliūnienė
• Assoc. Prof. Dr. Olga Iurasova
• Lecturer Modestas Vaikšnoras
• Head of International Relations Department Viktorija Stalmokienė

Key Activities: Sustainability and Innovation Events at LTVK

1. Green and Blue Business
   Watch video: YouTube link
   – Event focused on integrating sustainability and environmental responsibility into business models.
2. Sustainable College of the Future
   – Seminar highlighting LTVK’s commitment to sustainability and future-ready graduates.
3. Youth Creativity and Sustainability – 27th Simulation Fair (2024)
   – Youth-led business simulations and sustainability ideas.
4. Free Seminar Series for Young Entrepreneurs
   – Sessions on innovation, financial management, marketing, and sustainable product development.
5. 15th International Scientific Conference (2023)
   – Discussion on sustainable regional development across economics, law, management, and technology.
6. Horizon Europe Program Opportunities at LTVK
   – Event introducing Horizon Europe opportunities in research and innovation.
7. Science Dissemination Events
   – Interactive workshops on integrating sustainability into digital learning environments and business models.
8. Sustainable Fashion at University of Katowice
   – Participation in a fashion event promoting sustainable practices in the apparel industry.
9. SAMExperience 2nd Webinar
   – Webinar on sustainability in management and entrepreneurship.
10. Ready to Fly: Next Direction – LTVK
    – Presentation of LTVK’s strategic goals with a focus on sustainability and innovation.
11. Erasmus+ Staff Week 2024 at LTVK
    – International collaboration week exploring sustainable practices in higher education.
12. Nordplus Intensive Course: Sustainable Mindset in Entrepreneurship
    – An intensive program designed to foster sustainability-driven thinking in entrepreneurship.