On March 30th, the Library of Kaunas University of Technology will host the B2B matchmaking event “Hack4ReStart”, which seeks to solve the challenges arising in the manufacturing industry. The event aims to boost collaboration among traditional and tech-savvy SMEs. This cooperation is expected to stimulate innovation in the manufacturing industry and deliver solutions to the challenges in specific areas.
The event organisers, Lithuanian Engineering and Technology Industries Association LINPRA and startup incubator KTU “Startup Space”, invite traditional companies to present their manufacturing challenges. Meanwhile, technologically advanced companies and technology startups are welcome to register the products and services they are developing, which could contribute to solving these challenges. The thematic spectrum of the event includes the topics of digitalisation, robotics and energy efficiency.
Geopolitical challenges drive the need for innovation
One of the event organizers, “ReStartSMEs” project manager Vidmantas Vaitulevičius, spoke about the event’s concept and highlighted that its primary goal is to boost cooperation between traditional and technologically advanced (tech-savvy) companies and to foster innovation that is applied in manufacturing practice.
By participating in the B2B matchmaking event, manufacturing SMEs will have a chance to get acquainted with advanced technologies such as cybersecurity, artificial intelligence, robotics, digital twins, big data, etc. These technologies help to increase productivity, reduce costs, create new digital business models and even facilitate the transition to a green economy. Today the results delivered from such cooperation are more important than ever. When the industry faces multiple crises, it is crucial to react adequately and dynamically adapt to the situation. Therefore, it is important to search not only for short-term solutions but to look up new, innovative, and long-term efficiency-increasing solutions”, – V. Vaitulevičius spoke about the impact of innovation on today’s industrial sector.
Hack4ReStart will invite to B2B meetings and educational labs
During the “Hack4ReStart” event, companies will have the opportunity to discuss possible cooperation models in face-to-face meetings to look for relevant synergies to help solve the challenges arising in the production routine. As a result, the contact established during the event is expected to develop into mutually beneficial cooperation later.
Among other things, with the support of experts, companies will have a chance to prepare their business pitch and present it publicly. Finally, the participants will visit the laboratories of educational automation and mechatronics located at the KTU.
The organizers highlighted that all registered participants would be invited to the digital “B2B” platform, which will connect and foster the cooperation of manufacturers in the European network.
“It is important to mention that “Hack4Restart” is international and welcomes not only companies operating in Lithuania. Challenges and possible technical solutions can be provided by small and medium-sized companies from all over Europe. Moreover, the event is hybrid. Therefore, those who cannot take part on site will be invited to join remotely”, the organizers presented the event.
Traditional manufacturing SMEs are welcome to provide the challenges they are dealing with in the areas of Digitalization, Robotics, and Energy Efficiency. In the registration form, companies should describe the challenge in more detail. Tech-savvy SMEs/startups should choose in which challenge area they are interested.
More information about the event: +37069573507, email@example.com.