Lithium Valley Foundation: a new milestone for the KLUK region

We are pleased to announce that the Lithium Valley Endowment Fund has been officially established and registered with the Registry Court in Prague. This significant step represents not only a major moment for us, but also for the entire KLUK region (Karlovy Vary, Liberec, Ústí Region), which deserves the positive impact associated with our plans.

  • Transforming existing disused industrial buildings and sites into functioning centres of innovation, technology, education and creative energy.
  • Attracting interesting investments to the region, such as a new battery factory for the Czech manufacturer MES, the location of microchip design centres or the prospective construction of another chip factory or DEMO fusion power plant.
  • Construction of the Lake Technical University (MLU) on the site of a surface mine near Sokolov
  • Construction of an exhibition centre in the region (Expo Cheb)
  • Organisation of an endurance race of alternative fuel vehicles (24H Most Electric Endurance) at the Most Autodrom
  • Organizing an art festival with the theme of artificial intelligence as a creator and technology as a tool in the hands of human artists. A space for discussion and understanding. (Synergyfest AI&Humans)
  • Supporting talented people, startups and companies to get a chance to start their growth and business in the region.
  • Supporting local communities and governments (minimum 1% of the project for arts and community).
  • Introducing the SKYWAY light transportation system and providing regional transportation services through a string transportation system.
  • The establishment of the Lithium Valley Foundation Fund is the result of the hard work and dedication of a team of founders and supporters who share a common vision of developing a sustainable and innovative economy in the region. Through this fund, we will be able to finance projects and initiatives that support research, education and technology implementation, helping to transform the KLUK region into a pioneering hub for innovation and sustainable living in the future.

The Lithium Valley Foundation Fund is committed to supporting projects that deliver tangible results in innovation, sustainable development and economic growth. Our mission includes supporting startups, collaborating with academic institutions and businesses, and developing infrastructure including electric mobility. Together with our partners and the community, we believe we can transform the KLUK region and strengthen its position on the map of technological innovation.

This establishment is just the beginning of our journey. Now that we have a solid foundation, we can work together to realise our ambitious goals and visions. We thank everyone who has contributed to achieving this milestone and look forward to working with our partners, supporters and community to create a sustainable future for the KLUK region together.

For more information about the Foundation and how you can get involved or contribute, please visit our website. Together we can transform the KLUK region into a pioneering area creating new opportunities for all.

On behalf of the Lithium Valley Foundation

Tomáš Neumajer
Chairman of the Board

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