"Sunrise Valley" Science and Technology park is an initiative bringing together higher education, science and research, government authorities and industry to develop a business support infrastructure (to include science and technology park and incubation facilities to nurture the growth of high-tech start-ups) at the Saulėtekio (Sunrise) campus in Vilnius.
Sunrise Valley (Saulėtekio slėnis – lith.) was formally incorporated as a public non-profit entity in May 2003. Founders of Sunrise Valley included Vilnius University, Vilnius Gediminas Technical University and
leading companies in key target sectors – such as Alna (IT), Bitė (telecommunications), Ekspla (lasers).
In February 2004 Vilnius City Municipality became a stakeholder in public company Sunrise Valley. EKSPLA Ltd transfered its authorities as Sunrise Valley stakeholder to Association of Laser and Photonics Science and Business Institutions in July 2005. Association unites nine Lithuanian R&D institutions and business companies.
Specialties
Technology transfer, Innovation management & audit, Intelectual property (IPR) management, Promotion of entrepreneurship, Business Incubator