For development and innovation

Program description

LIAA, in cooperation with ALTUM, offers support to merchants for the implementation of viable business projects, promoting business development and competitiveness, and providing financing for investment projects focused on the introduction of new equipment and technological processes.

Who can apply

A large or medium-sized merchant who:

• is registered in the Commercial Register of the Republic of Latvia;
• has no tax debts exceeding EUR 1,000 in total;
• plans eligible investment project costs of at least EUR 10,000,000;
• aims to introduce new equipment and technological processes in manufacturing or service provision in designated sectors;
• aims to introduce new equipment and technological processes in manufacturing or service provision, or to carry out substantial changes in the production or service process, if applying for support for investments related to primary agricultural production.

Type of support

A full or partial reduction of the principal amount of the loan issued by Altum, applied when specific conditions or a set of criteria are met.

Support

Capital rebate of up to 30% of the project’s eligible costs, but not exceeding EUR 10 million.

Availability

Project applications may be submitted from 20.11.2025 to 19.02.2026.

Learn more

Program description

The Investment and Development Agency of Latvia (LIAA) offers a Business Incubation Support Program.

These are various support measures aimed at new companies to strengthen Latvia's innovative, technological, creative, export-oriented, traditional companies, including companies that manufacture dual-use products (goods, services, as well as software and technologies that can be used for both civilian and security and defense purposes) in Latvia, increase their growth potential, and promote the export of goods and services produced in Latvia. 

Who can apply

Micro, small and medium-sized enterprises (no older than 5 years at the time of application) with a developed product, service or technology at least at the minimum viable product/service (MVP) level with a readiness level of no less than TRL4/BIMRL5.  

Type of support

Financial (grants) and non-financial (consultations, training, seminars, etc.) support for product development and export representative offices throughout Latvia. 

Support

70% support (de minimis)  

Admission

in spring and fall  

Availability

Admission - in spring and fall  

Learn more

Program description

The Investment and Development Agency of Latvia (LIAA) offers Latvian start-ups the opportunity to develop research and innovative ideas, products or processes for use in economic activities (commercialization of research products).

Who can apply

Micro, small and medium-sized enterprises that have received kvalificēts riska kapitāla investora  investment in a start-up or parent/subsidiary company, or development, production, or advancement of an innovative product where the developed product is already available for testing by the first customers.

Type of support

Tax relief and grants for highly qualified employees  

Support

Tax relief for employees applying for support.

Support of up to 45% for the hours actually worked by the employee,

up to EUR 300,000 (de minimis)

Availability

While funding is available, but no later than 30.04.2027  

Find out more

Program description

The Investment and Development Agency of Latvia (LIAA) offers Latvian businesses the opportunity to collaborate with scientific institutions to develop new products and technologies with the aim of bringing them to market. As a result, the innovations introduced by Latvian entrepreneurs will increase the share of innovative businesses in the economy.  

Who can apply

Micro, small and medium-sized businesses that are developing new products and technologies

Type of support

Vouchers:

• technical and economic feasibility studies;
• industrial research;
• experimental development;
• industrial design of products;
• consolidation of industrial property rights;
• certification and testing services for new products or technologies;
• designer services.  
• Attracting highly qualified workers.  

Support

Support 45-100%

up to EUR 25,000 for the development of one new product (de minimis)  

Availability

While funding is available, but no later than  30.04.2027

Find out more

Program description

The Investment and Development Agency of Latvia (LIAA) offers support to science-intensive start-ups in Latvia to promote the creation of teams and companies, as well as their ability to commercialize research results developed in scientific institutions, while ensuring the continuity of technology transfer.

Who can apply

A science-intensive start-up is a commercial entity that develops a product or technology developed by a scientific institution registered in the Register of Scientific Institutions and which, on the date of submission of the application, is not older than five years and meets at least one of the following conditions:

the commercial entity has been transferred or granted the rights to use the product or technology developed by the scientific institution;

at the time of the development of the technology, the shareholder of the commercial entity was a scientist at the scientific institution to whom the intellectual property rights to the product or technology have been transferred. 

Type of support

Costs directly related to the development of a new product or technology:

• employee salaries;
• outsourcing costs;
• costs for the purchase of components and materials for prototyping;
• participation in events abroad;
• indirect eligible costs (rental of premises, utility payments, etc.).

Support

Support of 50%,

up to EUR 150,000 per application.

Availability

Open from September 29 until funding is available, but no later than April 30, 2027.

Learn more

Program description

The Investment and Development Agency of Latvia (LIAA) administers the Green Corridor initiative, which provides businesses that are important to Latvia's economy with priority access to public services provided by the state and local governments.  

The aim of the initiative is to promote export growth, attract investment and foster the growth of the security industry by reducing the administrative burden and speeding up administrative coordination processes.  

Who can apply

Commercial entities registered in Latvia or branches of foreign commercial entities or capital companies of member states that meet the program criteria. 

Type of support

Services available on a priority basis:

• construction;
• construction of electronic communications networks and energy supply facilities;
• spatial planning and public consultation;
• land cadastral surveying and development of infrastructure projects;
• real estate and cadastral management;
• environmental impact assessment;
• energy production and promotion of renewable energy;
• issuing work visas and residence permits.

Support

Shorter waiting times for public services  

Find out more

Program description

The Investment and Development Agency of Latvia (LIAA) offers support to Latvian businesses to promote the creation of innovative and new products in their business activities through innovative procurement. Support is provided for new products and their commercialization that are developed within the framework of innovation procurement.

Who can apply 

The applicant has concluded an innovation procurement contract  

Support for the development of new products developed within the framework of innovation procurement. 

1. Micro, small and medium-sized enterprises , small and medium-sized companies  

2. Large enterprises or mid-cap companies, if they cooperate with SMEs in research and innovation activities  

Type of support

• Supported activities:  
• experimental development
• certification and testing services
• adaptation of innovation results to customer needs
• creation and testing of pilot projects  

Support

Support 50%, up to EUR 50,000 per application (de minimis)  

Availability

While funding is available, but no later than 30.04.2027

Find out more 

Program description

The Investment and Development Agency of Latvia (LIAA) offers Latvian entrepreneurs free high-level business training – a Mini MBA course in innovation management.

Who can apply

Micro, small and medium-sized enterprises – business managers, innovation implementers who plan, develop or implement innovative products or innovative processes in business in the RIS3 field.

Type of support

High-level business training Mini MBA "Innovation Management"

Support

Free of charge (100%) 
(de minimis)

Availability

Opens 16 December 2025 

Find out more

Program description

Altum offers loans for the development of economic operators – investments in equipment or other solutions, working capital, development of new activities or increase in productivity.

Who can apply

Commercial entities

Type of support (financing/loan, guarantee)

Loan

Type of support (amount in EUR)

Investments up to EUR 5,000,000, working capital up to EUR 1,000,000.

Learn more

Program description

Altum offers a loan aimed at promoting the development of companies by implementing sustainability measures, thereby promoting long-term financial benefits and increasing competitiveness.

Who can apply

Commercial entities

Type of support (financing/loan, guarantee)

Loan

Type of support

up to EUR 5,000,000

Find out more 

Program description

Altum offers support to promote private sector investment in research and development. Entrepreneurs can apply for loans for technology development, prototyping, and technology transfer. The loan is intended for research and development projects implemented in one of the RIS3 areas.

Who can apply

Commercial entities

Type of support

Loan

Support

from EUR 300,000 to EUR 1,000,000

Find out more

Program description

To promote the production of new and innovative products that have not yet been introduced, Altum offers entrepreneurs loans with a capital discount if the project is implemented in one of the RIS3 areas, such as smart technologies, bioeconomy, or the production of innovative dual-use products in the field of security and defense.

Who can apply

Commercial entities

Type of support

Loan, capital discount

Support

from EUR 300,000 to EUR 5,000,000, maximum capital discount is EUR 1,500,000

Learn more

Program description

Investments, whether it's just an idea, a new company, or an already known market player—depending on these factors, the amount of venture capital funding attracted and the investor's role in the company will change. Supported companies receive not only financing, but also active involvement of investors in business development, knowledge about the sector being developed, and networking contacts, promoting the company's growth and increase in value.

Who can apply

Entrepreneurs

Type of support

Investments

Support

The available funding depends on the stage of development of the company.

Learn more

/www.buildit.lv

www.badideas.fund

www.outlastfund.com

www.flycap.lv

Baltic Innovation Fund

Program description

The Investment and Development Agency of Latvia (LIAA) offers Latvian entrepreneurs free high-level business training – a Mini MBA course in innovation management.

Program description

Competence centers offer financial support for the development of new products, technologies, and services

in three programs:

"Development of Innovative Products and Technologies";

"Support for the Introduction of New Digital Products and Services in Business";

"Support Instrument for Research and Internationalization".

Who can apply

Micro, small and medium-sized enterprises, large enterprises, including state-owned companies and research institutions.

Type of support

Support is available for the development of new products, technologies, and services.

Support

Support intensity for projects – 25%–80% (support intensity depends on the type of research and the size of the company).

Type of support – grants.

Availability 

Information about the announced selection rounds is available on the website of each Competence Center, including information about the maximum project funding, selection round deadlines, the amount of funding available in the selection rounds, and other information necessary for preparing project applications: 

SIA “ETKC”: etkc.lv/ 

SIA “VMKC”: vmtkc.lv/ 

SIA “Farmācijas, biomedicīnas un medicīnas tehnoloģiju Kompetences centrs”: fbmtkc.lv/ 

SIA “Meža nozares kompetences centrs”: mnkc.lv/ 

SIA “LATVIJAS PĀRTIKAS KOMPETENCES CENTRS”: lpkc.lv/ 

SIA “IT KOMPETENCES CENTRS”: https://www.itkc.lv/ 

SIA “MASOC KC”: masoc.lv/aktivitates/projekti 

SIA “DPKC” dpkc.lv/ 

SIA “LEO PĒTĪJUMU CENTRS”: leopc.lv/ 

Program description

The Patent Board administers the SME Fund "Ideas for Stronger Enterprises" support mechanism, which is a grant scheme designed to help small and medium-sized enterprises (SMEs) in identifying and protecting their intellectual property (IP) rights, as well as supporting the economic recovery of the European Union. The SME Fund is an initiative of the European Commission, implemented by the European Union Intellectual Property Office (EUIPO).

Who can apply

Micro, small and medium-sized enterprises, as well as self-employed persons.

Type of support

Four types of vouchers for different services. You can apply for each voucher separately or for all of them together:

1. Voucher (up to EUR 1,350*) can be used for IP Scan services:

90% reimbursement for IP preliminary research services (IP Scan); 90% reimbursement for research in cases of IP rights infringement (IP Scan Enforcement).

*Services are provided by professional patent attorneys who have completed training organized by the SME Fund.

*Based on the service price list set by the state, the price of this service in Latvia is up to EUR 700 per service.

2. The voucher (up to EUR 700) can be used for the registration of trademarks and/or designs:

75% reimbursement of trademark and/or design application fees at national, regional and EU level;

50% reimbursement of the basic fee for trademark and/or design applications, related fees and subsequent fees for each designated country outside the EU under the Madrid and Hague systems.

3. The voucher (up to EUR 3,500) can be used for patent granting procedures and legal services:

75% reimbursement of the fees for completing and filing a patent application and for granting and publishing a patent, in accordance with the price list applicable in the country

75% reimbursement for technical patent searches where the service is provided at international level by the national office in accordance with the applicable national fee schedule

75% reimbursement for patent application and search fees for European patents at EU level

50% reimbursement for legal services related to the preparation and filing of a new European patent application. Applies only to patent attorneys authorized by the EPO

4. The voucher (up to EUR 1,500) can be used for plant variety protection:

75% reimbursement of the online application and grant fees for plant variety protection at EU level under the CPVO (Community Plant Variety Office).

Support

50-90%, depending on the type of voucher

Up to EUR 7050 per SME

Availability 

Find out more on the Patent Office website

The SME Fund 2026 call for applications is expected to open in February

Program description

The Central Finance and Contracting Agency (CFLA) provides support for companies participating in the capital market through:

• Inclusion of shares on a trading venue, if at least EUR 500,000 is raised;
• Inclusion of debt securities on a trading venue.

Who can apply

Small and medium-sized enterprises (SMEs) and small mid-cap companies.

Type of support

Within the framework of this measure, eligible costs include expenses for external consultants providing services related to the inclusion of shares or debt securities on a trading venue:

• Capital raising (issue organizer) service costs;
• Preparation, approval, and publication costs for a prospectus, registration document, offering document, company description, or issue terms;
• Due diligence and related research expenses;
• Costs for engaging a certified adviser and their services for listing securities on the alternative market “First North”;
• Any legal, financial, tax, auditing, or certified consultancy service costs.

Support

A grant covering 50% of eligible project costs:

• Up to EUR 200,000 for share issuance;
• Up to EUR 120,000 for debt security issuance.

(de minimis aid, including for the agriculture, fisheries, and aquaculture sectors)

Availability

Until 31 December 2026, or until available funding under the call is exhausted.

Learn more

Program description

The Central Finance and Contracting Agency (CFLA) provides support for the development of innovative technologies that can be used both for civil purposes and for strengthening national defense and security capabilities. The support is intended for projects with a high technology readiness level (TRL), thereby promoting the rapid commercialization of technologies and contributing significantly to the enhancement of national defense and security.

Who can apply

Micro, small, and medium-sized enterprises (SMEs), small mid-cap and mid-cap companies, as well as large enterprises, provided that they involve SMEs in the implementation of research and innovation activities.

Type of support

Support is provided for the development of new products, services, and technologies through:

• Industrial research;
• Experimental development;
• Technical and economic feasibility studies.

Support

Grant funding in accordance with EU Regulation No. 651/2014 and No. 2023/2831.

Support intensity per project: 25% to 85%, depending on the type of costs, research activity, and company size.

The minimum total eligible project cost is €200,000, while the maximum public funding per project may not exceed €1,000,000 of total eligible costs.

Availability

Project application submission period: from 19 November 2025 to 19 January 2026.

Learn more

Program Description

The Central Finance and Contracting Agency (CFLA) provides support to scientific institutions and their cooperation partners – enterprises – for the implementation of applied research projects that promote the development of Latvia’s smart specialization areas, innovation, and economic competitiveness.

Who Can Apply

The project applicant must be a scientific institution that can implement:

• a non-economic activity project, if the institution meets the definition of a research organization;
• an economic activity project.

Enterprises may participate in the project as cooperation partners, implementing the project in effective collaboration with the scientific institution, and may receive support for the activities they carry out within the project.

Type of Support

Activities eligible for support under the measure include:

• Technical and economic feasibility studies;
• Fundamental research within non-economic projects;
• Industrial research;
• Experimental development;
• Protection of technology rights.

Support Amount

Grant.

For non-economic activity projects, the support intensity is 91.4%, consisting of:

• European Regional Development Fund support – 64.1%;
• State budget support – 27.3%.

For economic activity projects, grants are provided in accordance with EU Regulations No. 651/2014 or No. 2023/2831, with a support intensity ranging from 25% to 80%, depending on the type of costs, nature of the research, and company size.

The maximum public funding per project is €600,000, and the minimum amount is €30,000.

Availability

The call for project applications is provisionally planned for December 2025 or January 2026.

Learn more

Program description

Thirteen associations are implementing projects aimed at supporting employers in providing their employees with opportunities for qualification acquisition, retraining, or skill development and improvement, in order to enhance workforce productivity.

Who can apply

Employers – micro, small, medium-sized, and large enterprises, as well as self-employed persons.

Type of support

The associations provide training based on employer needs within formal or non-formal education frameworks, as well as other learning activities in face-to-face, online, or hybrid formats. These trainings enable company employees to acquire or improve the necessary skills or qualifications.

Support

Non-financial support or grants (de minimis).

The maximum aid intensity may not exceed:

• 70% for micro and small enterprises,
• 60% for medium-sized enterprises,
• 50% for large enterprises.

Availability

Association projects are to be implemented until 31 December 2029.

For information on available support for enterprises, please contact the relevant sectoral association:

• Latvian Computer Technology Association
• “Green Homes”
• Light Industry Entrepreneurs Association
• Latvian Hotels and Restaurants Association
• Latvian Printing Companies Association
• Latvian Window and Door Manufacturers Association
• “ABSL Latvia”
• Latvian Chemical and Pharmaceutical Entrepreneurs Association
  Association of Mechanical Engineering and Metalworking Industries of Latvia
• Latvian Electrical Engineering and Electronics Industry Association
• Latvian Information and Communications Technology Association
• Federation of Food Companies of Latvia
• Latvian Association of Power Engineers and Power Builders

Contact information for associations is available on the CFLA website:
https://www.cfla.gov.lv/lv/4-2-4-1-k-1

Program description

The aim of the project is to develop a skills fund operation and financing model tailored to Latvia and based on social dialogue, in order to strengthen the skills of employees and potential workforce in sectoral enterprises. The goal is to ensure their quick and effective adaptation to the evolving needs of the labour market, as well as to pilot this model by providing training for company employees and potential workers.

Who can apply

The project applicant is an association or foundation that unites enterprises within a specific sector. The project is implemented in cooperation with the following partners:

• the sectoral ministry or the Ministry of Economics involved in the development and implementation of the skills fund concept;
• an association or foundation representing and implementing workers’ labour, economic, social, and professional rights and interests at sectoral or cross-sectoral level, operating in accordance with the Trade Union Law.

Other associations or foundations that unite enterprises registered in Latvia within a specific sector may also be involved.

Enterprises can participate in the project as members of the skills fund and receive support for employee and potential workforce training.

Type of support

During project implementation, enterprises will be able to receive support for employee training.

Support

Allowable support intensity: up to 95% (de minimis).

Availability

Project application submission period for skills fund developers: from 16 September 2025 to 18 December 2025.

To learn more about the skills fund developers and opportunities for enterprises to receive support, please follow the selection results after 18 March 2026 on the CFLA website: https://www.cfla.gov.lv/lv/4-2-4-1-k-2