Support for process digitalization

€ 37 500 000

Grants for digitalization of processes in commercial activities

€ 186M

Business Incubators have helped their companies to reach a turnover of € 186M
775 exporters

Over the last 12 months, 775 companies have received an export consultation or support
20 representative offices

Outside Latvia, LIAA works in 20 countries around the globe

For investors

Attracting investment helps existing businesses to grow and helps start-ups with competitive and creative ideas to enter the international market. Investors are an important part of the economy; they connect businesses and their ideas to opportunities for both local and international growth in the market.

LIAA works to attract investors’ support for companies in a wide range of sectors and serves as a conduit for information that connects investment with innovative ideas. Attracting investors provides growth opportunities for companies, which in turn strengthens the economy and the competitiveness of the Latvian economic sector in global markets.

Various programmes explore target sectors and issues to facilitate attracting foreign investment to the Latvian economy. One of the priorities is to attract investment for science projects in order to turn Latvia’s scientific achievements into innovative products or services. Investors take part in innovative projects and cooperate with industry professionals, local governments, Latvian state institutions and scientific institutions.

Attracting foreign investments promotes the global visibility of Latvia’s economic sectors and strengthens cooperation between Latvian and international professionals.

€ 252.5 million
investments attracted by LIAA will create 2,893 new jobs
€ 16.7 billion
Latvia has reached a record level of foreign direct investment in 2020
SE, RU, EE, NL, CY, LT, DE
countries with the most significant foreign direct investments in 2020

Investor support by sector

Current events

Register a profile and apply for support!

In your personal profile you will be able to receive consultations and e-services, sign contracts, use the personalized news feed and follow all the news and current levels

Register a profile and personalize your news feed
Sign a contract and take advantage of support options
Submit a project and apply for support

Our partners

We supported

LSEZ SIA NORDEPLAST

https://nordeplast.com/

Specialising in the manufacture of medical plasters, “NordePlast” produces exportable products by using multi-functional high-performance equipment. By choosing materials from the world’s best manufacturers, products are created that the company successfully exports to various countries of the world. In 2021, in the "Export and Innovation Awards" the company was ranked 2nd in the category “Most Exportable Merchant in the Small Business Group”.

Year of establishment: 2016
LIAA support: participation in a business incubator, export development support.

SIA AUSMA MEDIA

https://www.tutaslietas.lv/

The company deals with the creation of audiovisual content – children’s TV series. One of the most recognisable faces of the company is Tuta the fox who has become a beloved friend to children in Latvia both on TV and in various events.

Year of establishment: 2019
LIAA support: participation in a business incubator, export development support.

SIA ECHOTECH

https://www.echosports.eu/

The smart solution monitors and compiles statistics on the physical achievements of athletes live and archives them. It measures speed, distance, physical preparedness and compiles statistics. Data is uploaded automatically in a wireless mode and in real-time allowing you to focus on what matters most – the game.

Year of establishment: 2015
LIAA support: participation in a business incubator, support for participation of start-ups in exhibitions, export development support.

SIA FISHBOAT

https://vizboat.com/lv/

Initially developing innovative and unique prototype boat models, the company currently ensures serial production of aluminium boats in Rēzekne. Certified recreational and fishing motor boat models of the “Vizion” brand with full equipment are offered on export markets. The product is unique in the Latvian market and is exported to at least 9 countries.

Year of establishment: 2018
LIAA support: participation in a business incubator, export development support.

SIA WOODHEART

https://woodheart.lv/

The company specialises in production and trade of quality modern-design wood, wood-aluminium windows and doors, as well as furniture. An individual part of the company’s work is restoration. The company’s basic philosophy is to restore furniture by using and leaving, as much as possible, anything that is intact, repairing and restoring anything that is damaged and making anew the missing parts.

Year of establishment: 2018
LIAA support: participation in a business incubator.

SIA AZERON

https://www.azeron.eu/

A technology company that deals with the manufacture of globally innovative video game controllers. After only three months’ work, the company received in 2019 “The Red Jackets” rising export star award “Rising Stars”, after it had, during the first three months of its operation, sent its products to more than 40 countries. The company has achieved its rapid growth by using the possibilities provided by the support instruments offered by LIAA.

Year of establishment: 2019
LIAA support: participation in a business incubator, export development support.