News
News Home
Quick Bites
Exploradio
News Archive
News Channel
Special Features
NPR
nowplaying
On AirNewsClassical
Loading...
  
School Closings
WKSU Support
Funding for WKSU is made possible in part through support from the following businesses and organizations.

Area Agency on Aging 10B, Inc.

Wayside Furniture


For more information on how your company or organization can support WKSU, download the WKSU Media Kit.

(WKSU Media Kit PDF icon )


Donate Your Vehicle to WKSU

Programs Schedule Make A Pledge Member BenefitsFAQ/HelpContact Us
Economy and Business


Akron is embracing Lithuanian bio-medical start-ups
Akron signs with a European partner in bio-medical startups
by WKSU's MARK URYCKI


Reporter
Mark Urycki
 
Honorary Lithuanian General Consul Ingrida Bublys presented Mayor Don Plusquellic with a handmade sash from Kaunas.
Download (WKSU Only)
In The Region:
Local governments in Ohio have been shrinking in size, but the one department that is growing is economic development. Cities and counties have decided to get more involved in attracting business. And Akron has been particularly active in looking overseas.

Yesterday the Akron Global Business Accelerator signed an agreement with a university in Lithuania in hopes of launching some bio-medical start-ups in the city.
URYCKI on the Akron-Lithuanian connection

Other options:
Windows Media / MP3 Download (3:34)


(Click image for larger view.)

It seems that, in any given week, Akron officials are either away on some overseas trip or home hosting some business executives from another country. The city’s Economic Development Director Bob Bowman is always on the go and, as Mayor Don Plusquellic notes, one of those places last year was Lithuania.

"I don't know that Bob Bowman has been as excited coming back from a trip and explaining all of the innovation and technology that he witnessed."  

The excitement comes because Akron is trying to foster bio-medical companies downtown and found a connection with Kaunas University of Technology in Lithuania.  One person who helped bring them together is Linas Klimavicius of the Lithuanian Trade Office in Chicago.

"This was the partner in Lithuania that stood out because they are the leader of commercializing technology in Lithuania ... And what the attraction from the university side to Akron is the amazing conglomeration of resources that available here for a business that's ready to take off."

The rector of Kaunas University, Petras Barsauskas, tried to be modest but then said his school is a leader in bio-medical research.

"This is why we hope that this is going to be a mutual benefit .... We will give you some new products ... and you will help to reach the business, reach the companies."

Plusquelllic says the sustained effort to help companies commercialize products is a key difference between the Global Accelerator and other city incubators.
 
He acknowledges such ventures may be only tiny start-ups, but notes that Benjamin Franklin Goodrich came to Akron by himself. Goodrich, by the way, was persuaded to move to Akron by a grant from local businessmen. 

One company here from Lithuania is Integrated Optics. All two of its employees came. They’re both in their 20’s.

Their presentation at the Life Science Baltics Conference won, and their award was a week in Akron. Company CEO Evaldas Pabreza says it may be the smallest laser company in Lithuania, but it also makes the smallest lasers -- two palm-sized lasers, one for medical imaging one for cutting. He says the size can be an advantage with products suited for the aerospace industry. They also use less energy.

In all, some 20 bio-med researchers from Lithuania are visiting Akron this week. City officials hope of these little companies just might become the next Goodrich, or Firestone or Goodyear.  

Add Your Comment
Name:

Location:

E-mail: (not published, only used to contact you about your comment)


Comments:




 
Page Options

Print this page

E-Mail this page / Send mp3

Share on Facebook




Stories with Recent Comments

Ohio becomes first in the nation to dump PARCC testing
Best test to use for elementary schools is the old pre common core Iowa test of basic skills. This test measures apples to apples and tests the skills appropri...

Ohio is moving forward with new standardized tests
Mr Chow, Nice piece on testing. Should not Ohio go to an open bid process for the new assessment contract? Ohio has stayed with a "connected" DC non-profit fo...

The Surpreme Court gay-marriage decision plays out in Ohio Amish country
Keep in mind that the majority of the people residing in Holmes County are Amish, a church people who do not vote because they do not believe in governmental ru...

Akron council committee recommends Forney for its opening
Which committee member voted for Wilhite?

Nearly a dozen Cuyahoga gay couples get licenses to marry after the Supreme Court ruling
Presiding Judge Anthony J. Russo a graduate of Chanel High School and supposed member of St. Francis Parish in Gates Mills has just excommunicated himself. As ...

Canton Youth Symphony is named orchestra of the year
This is what makes CSO the hippest small town orchestra in America!

What can be expected if Ohio's tobacco taxes increase?
let's face it! The increase has little to do with smoking cessation

Rare Cleveland Indians photo from 1911 hits the auction block
Paddy Livingston, who cut his teeth on a Louisville Slugger in Kent, Ohio was one of the immortals that played in that game. He was the catcher. Ty Cobb actuall...

Nexus denies Green's request to relocate its planned gas pipeline
These people have so much power. Too much. They could care less about the people they leave when it is done. Spectra does not, and admits, they do not do the...

Copyright © 2015 WKSU Public Radio, All Rights Reserved.

 
In Partnership With:

NPR PRI Kent State University

listen in windows media format listen in realplayer format Car Talk Hosts: Tom & Ray Magliozzi Fresh Air Host: Terry Gross A Service of Kent State University 89.7 WKSU | NPR.Classical.Other smart stuff. NPR Senior Correspondent: Noah Adams Living on Earth Host: Steve Curwood 89.7 WKSU | NPR.Classical.Other smart stuff. A Service of Kent State University