Santaka Valley KTU Science and Technology Centre and Technological Business Incubator.
Client: Kaunas Technology University
Kaunas, Lithuania, 2014.
At KTU Santaka Valley researchers carry out frontier research and R&D activities in the areas of sustainable chemistry and biopharmacy, future energy, mechatronics and telecommunication technologies which are of crucial importance for developing knowledge economy in Lithuania. It hosts a Technological Business Incubator for knowledge-based enterprises.
KTU Santaka Valley in figures: 350 work places and 9 thousand square meters for research facilities, 3.5 thousand square meters for business, 89 million Litas (almost 26 million Euros) worth research equipment installed and more than 150 million Litas (almost 44 million Euros) invested in the project overall.
The project was funded by EU Structural Funds, KTU as a founding partner invested 0.5 million of LTL (150 thousand EUR). First income from the open-access centre activities of is already flowing, full revenue of investment is predicted in 15 years.