Seven promising Lithuanian technology start-up companies have been given the exclusive opportunity to pitch to leading venture capital and private equity investors in London as part of the international entrepreneur and investors conference - “High tech innovation & investment: local to global", on 22nd June, 2010. Organised by The Lithuanian Business Confederation | ICC Lithuania, the start-up contest seeks to showcase the most promising Lithuanian start-ups that have the potential to grow into the next generation of significant, powerful and meaningful businesses.

„Financial Times“ has published the article Banks ‘failing to give credit where it’s due’ where the problem of bank lending to start-ups or small businesses is covered. According to it, the main difficulties the new entrepreneurs face with when they need a bank credit is demand of personal guarantees, banks’ blanket approach and failure to research the business model of individual companies. What is more banks also often fail to accommodate companies with high growth plans, the value of a business is estimated according the time it has been operating.

David Cameron, UK Prime Minister, expressed his congratulations regarding the World Lithuanian Economic Forum in his letter to The Prime Minister of Lithuania Andrius Kubilius.