In Lithuania, funding is regulated by several state institutions. The main one would be the Ministry of Economy and Innovation. It distributes most of the investment. Both innovation development and implementation are funded. Funding is also provided by the Lithuanian Agency for Science, Innovation and Technology. It funds research and innovation. There are special investment foundations - "business angels" who invest in new technologies. Another important part of investing in science and innovation is targeted investment from business - outsourced research. Problems: Cooperation between business and academia could be increased. Currently, startups do better researching and using technology themselves than commissioning research for an academy