Project coordinator: Kaunas University of Technology
Project partners: Lithuanian Business Confederation, Ventspils Higher School, Latvian Chamber of Commerce and Crafts
Period of project implementation: 2018 04 01 – 2020 03 31
Project no.: LLI-186
Project funding: 2014-2020 Interreg V-A Latvia-Lithuania Cooperation Programme

Project description:
“CREAzone 2.0” aimed to create viable businesses and ensure long-term employment growth in the border regions of Lithuania and Latvia by combining modern business ideas and traditional business models.

By using the methodology improved during the “CREAzone 1.0” project, “CREAzone 2.0” sought to reduce a disproportionately high level of incapacity (as compared to the major cities), especially among young people in regions targeted by the program. The project goal was to create new viable businesses and secure jobs for people in target areas by encouraging young people’s entrepreneurship, motivating them to discover incomplete local sector potential, providing multi-faceted assistance, counseling and training.

Project results:

  1. New business opportunities were created in traditional industries in the Lithuanian-Latvian cross-border region by knowledge economy driven promotion of youth entrepreneurship in accordance with “CREAzone” methodology;
  2. An alliance of stakeholders, who are determined to create long-term collaboration on promotion of youth entrepreneurship, was built.

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