Innovative business development in the Lithuanian capital
Vilnius City Innovation Industrial Park is the first and only industrial park in the capital of Lithuania, dedicated exclusively to the development of innovative business.
24 ha VCIIP territory is surrounded by national forests and already has a fully developed infrastructure. It is dedicated to Lithuanian and foreign companies that want to build research centres, laboratories or factories, as well as to business and science collaboration; nearby are some of the best universities in Lithuania, as well as main science centres.
In 2015, VCIIP was granted the status of a national importance economic project.
The obvious reasons to apply
Strategical location and great access
VCIIP is located in Vilnius city, 30 minutes from the old town, the railway and bus stations, and the international airport. The public transport stop “Vaguva” is just a five-minute walk away. Although city life is really close by, the area is conveniently situated away from the street noise, surrounded by national forests.
The industrial park already has a developed infrastructure, from engineering networks to communications. All you have to do is apply and settle down.
Partnership oriented community
VCIIP was created exclusively for innovative companies that are operating in the six areas of smart specialisation. It encourages partnership and clustering between its customers in order to take full advantage of the VCIIP community’s benefits.
The merge of science and business
VCIIP is part of the Integrated Science, Studies and Business Valley “Sauletekis” program. Nearby are two of the best Lithuanian universities and their campuses, three science centres, two science and technology parks, as well as excellent conditions for R&D infrastructure development and human resource management.
From startup to investor
VCIIP is open to companies of all sizes: from successful global companies to start-ups.
Status of public importance
In 2015 The Government of the Republic of Lithuania named VCIIP as an economic project of national importance, that is strengthening the Lithuanian innovation system, and therefore VCIIP customers are highly valued.
VCIIP has been in operation since August, 2018.
Already reached results
€ 4 320 000
New job openings
Industrial Park Plan
- Subleased lands
- Operator of VCIIP
- Land for long-term sublease
- State forest / Public areas
- Planned streets
- Forests / Residential areas
Why have they chosen VCIIP, what is so special about Vilnius, and why is it a smart decision for every innovative company? Our clients can answer best:
“We have chosen VCIIP because of its amazing location—it gave as the opportunity to develop next to innovative modern companies, thus improving positions by attracting potential investors and commercial partners. Plus, nearby is Vilnius Gediminas Technical University.”
“The opportunity to settle down in the Vilnius City Innovation Industrial Park seemed attractive due to the existing infrastructure, as well as great VCIIP strategy to create an ecosystem of innovations and good financial value. Continuing smooth and expeditious communication with the operator, its flexibility in dealing with various issues and finding the best solution has helped to make a definite investment in the park.”
One of Finland’s most promising innovative companies, Experimentica Ltd., which has established a subsidiary in Lithuania, is settling down in Vilnius City Innovation Industrial Park. Investments will climb to 5 million euros; about 20 new job openings are planned.
Vilnius Innovation Industrial Park: the first contract is already signed, negotiation with the Scandinavians are coming to an end
Established in April, Vilnius City Innovation Industrial Park (VCIIP) has opened for business: an agreement has been signed with the Lithuanian capital engineering company Poliprojektas, and negotiations with a Scandinavian capital company are close to completion.
This new industrial park will be located in Vismaliukai, near the Nemencine highway, on the former military landfill. According to Povilas Poderskis, the Director of the Municipal Administration, investors will be allowed to rent and build land directly in the 24-hectare area of the Vismaliukai investment area.