DIHelp Coaches help Refine LaserLT DIH’s Business Model

During an intensive three-day work session that took place in Vilnius on 16-18 July 2019, 6 members from the Laser LT DIH, FIMTP (Science and Technology Park of the Physics Institute) and LITEK (Laser & Engineering Technologies Cluster), refined the Digital Innovation Hub’s business model and business plan with the support of DIHELP coaches. Besides covering all topics related to the business model, such as value proposition, governance model and financial plan, the session also examined specific digitalization challenges related to the uptake of photonic and laser technologies faced by Lithuanian companies, and the best way to address them.

These in-depth discussions benefited from the inputs of a stakeholder workshop held on 18 July 2019. During this workshop, more than 20 representatives from local SMEs, the Vice-Minister of Economy and Innovation, and agencies responsible for implementing innovation policy in Lithuania shared their views on the significant role that the Laser LT DIH should play in the digital transformation process. Participants visited the Department of Laser Technologies of the Center for Physical Sciences and Technology where they were introduced to photonics, robotics and additive manufacturing (3D printing), and were shown some of the process by which innovative technology is developed and successfully implemented in industry.

The Lithuanian Digital Innovation Hub will now develop a comprehensive sustainable business model in the coming months. The DIHELP Academy will continue to support this process through regular consultations and webinars on relevant topics. In the longer term, the LaserLT DIH plans to develop its activities in three main areas: expertise in laser technology, consulting and access to business finance, and relationships with industry.

For more information on the stakeholder workshop visit: http://litek.lt/posts/litek-workshop-ideas-digitization-lithuanian-industrial-companies/?lang=en

If you want to learn more about Laser LT DIH, contact them at info@laserlt-dih.lt