A striking finding: seven out of ten new businesses in Lithuania are now founded outside the capital, Vilnius. This signals a significant regional expansion, with emerging startup hubs across the country catching up with the capital’s entrepreneurial momentum. For the first time, a majority of high-growth projections now originate outside Vilnius: in 2024, 68% of early-stage entrepreneurs expecting to grow their businesses by at least 10 employees and 50% turnover were located outside the capital, compared to just 29% in 2023. This is among the key findings of the Global Entrepreneurship Monitor (GEM) 2024/2025, Lithuania Report, conducted by Vilnius University Business School in partnership with Moody’s Corporation Lithuania.