GovTech News

GovTech Lab wins Innovation in Politics Award

The GovTech Lab won in the ‘Prosperity’ category and was acknowledge as the best innovation in politics in Europe.

‘GovTech seems to be just a word. It is clear that it consists of two parts, ‘gov’ and ‘tech’, which mean that we need to work together to create the value of technology for our society. Technology offers opportunities for a better public sector capable to serve the society,’ said Vice-Minister of the Economy and Innovation Elijus Čivilis when colleting the award in Berlin.

The GovTech Lab aims to encourage the public sector to use startups and new technologies in the private sector to tackle various issues. This, in turn, will help commercialise experimental technology. The GovTech Lab initiative allows Lithuania to look at public sector challenges from a different point of view: innovation teams, which have never worked in the public sector, can offer new solutions to improve the efficiency of businesses and maximise public benefits.

GovTech is a fast-evolving innovation ecosystem that allows business to develop innovative, mostly state-of-the-art solutions to public sector challenges. On a global scale, GovTech is estimated to be a $400 billion global market that can be exploited by start-ups and states. More than 2000 GovTech start-ups exist in Europe alone.

The awards organised by the Institute of Policy Innovation aim to notice, present and honour politicians and communities that have courage to innovate creatively and are capable of delivering real results improving people’s lives and strengthening the states. Innovation is rewarded in eight categories, including Democracy, Jobs, Ecology, Human Rights, Prosperity, Community, Quality of Life and Civilisation.  More than 400 projects from across Europe were submitted this year, which were evaluated by more than 1000 European experts who selected finalists in 8 categories.

The GovTech Lab won in the ‘Prosperity’ category and was acknowledge as the best innovation in politics in Europe.

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