Baltic Innovation Prize

Prize for innovative companies in the Baltic States

The Baltic Innovation Prize is established by the Baltic Assembly and the Baltic Association of Science/ Technology Parks and Innovation Centres. Regulations on the Baltic Innovation Prize were adopted on 22 October 2010.

The Baltic Innovation Prize is an annual prize awarded to the most innovative company (enterprise) in the Baltic States in order to demonstrate the mutual interest of the Baltic States to support implementation of outstanding achievements in innovation and new technologies, as well as to strengthen the cooperation of the Baltic States in innovation and technological development.

The goal of the Baltic Innovation Prize is to recognise and hold up as an example the Baltic entrepreneurs who have implemented new economically successful developments in their product(s), service(s) or business model(s). The Baltic Innovation Prize is awarded for innovative products, services or business models introduced to the market during the last three years. Innovative products, services or business models brought to the market by the company nominated for the Baltic Innovation Prize must have been developed at least partially by the company itself.

Winners of the Innovation Prize:

2011

Winner: Cybernetica Ltd (Estonia)

Diplomas: Autonams (Latvia) and Energetikos Projektai (Lithuania)

2012

Winner: Aconitum UAB (Lithuania)

Diplomas: Defendec Ltd (Estonia) and Dendrolight Latvija Ltd (Latvia)

2013

Winner: ELMI Ltd (Latvia)

Diplomas: GoSwift PLC (Estonia) and Uniplicity (Lithuania)

2014

Winner: TransferWise Eesti filiaal (Estonia)

Diplomas: Silvanols (Latvia) and Rubedo Sistemos (Lithuania)

2015

Winner: Elinta, JSC (Lithuania)

Diplomas: BIKE-ID (Estonia) and DPA (Latvia)

2016

Winner: Baltic Scientific Instruments (Latvia)

Diplomas: Fortumo (Estonia) and Sofneta (Lithuania)

2017

Winner: EstHus OÜ (Estonia)

Diplomas: Biotehniskais centrs JSC (Latvia) and UAB Singletonas (Lithuania)

2018

Winner: UAB Mokslinė-gamybinė firma “Šviesos konversija” / scientific-industrial firm Light Conversion Ltd. (Lithuania)

Diplomas: ZTF Lāsma LTD (Latvia) and AS Ridango (Estonia)

2019

Winner: UAVFACTORY SIA (Latvia)

Diplomas: HEPTA GROUP AIRBORNE OÜ (Estonia) and AXIOMA METERING UAB (Lithuania)

2020

Winner: KAPPAZETA OÜ (Estonia)

Diplomas: PERUZA SIA (Latvia) and LEMONA UAB (Lithuania)

2021

Winner: IDenfy UAB (Identifikaciniai sprendimai) (Lithuania)

Diplomas: Integris SIA (Latvia) and Bisly OÜ (Estonia)

2022

Winner: Belss SIA (Latvia)

Diplomas: LightCode Photonics OÜ (Estonia) and Genomika UAB (Lithuania)

2023

Winner: GScan OÜ (Estonia)

Diplomas: UAB Vilimed (Lithuania) and SIA InPass (Latvia)

Photos from the awarding ceremonies

During the 42nd Session of the Baltic Assembly on 23 November 2023. Photo by the Riigikogu of the Republic of Estonia 

During 40th Session of the Baltic Assembly on 4 November 2021. Photo by the Chancellery of Parliament of the Republic of Lithuania