For idea

Submit your idea to the Ideas Cup competition or join an LIAA Business Incubator — the largest community of entrepreneurs in Latvia!

There are 11 regional incubators and 9 support units located throughout Latvia, in addition to the Creative Industries Incubator in Riga, that provide support to natural persons, start-ups and those who have been carrying out economic activity for no longer than 3 years. Incubators will help you both start and grow your business: the pre-incubation programme (PINK) is suitable if you are an idea creator on the path to developing your product or service, while the incubation programme (INK) will support you if your company has already developed a product or service and has started to bring it out into the market.

As a member of the incubator, you will not only benefit from free training opportunities, mentoring advice and co-working spaces, but you will also receive 50% co-financing for various services — design, marketing activities and materials, prototyping, renting premises, accounting, and purchasing production equipment. Companies can receive 30% co-financing for the purchase of raw materials.
  • € 127 million
    members of the business incubator generated a turnover in 2017-2020
  • 2600
    business ideas were supported
  • 600
    business incentives were granted per year

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