How Investment and Development Agency of Latvia (LIAA) can help you and your business

How Investment and Development Agency of Latvia (LIAA) can help you and your business

• LIAA offers a full pre- to post-business incubator program to facilitate the development process of an idea to full export abroad.
• LIAA also works with businesses to accomplish its main goal of increasing export of services or product and increasing competitiveness of Latvian companies.

IDEA: You have a business idea, but you don’t know what to do next?

A business incubator provides the right support on your path to a powerful and export-oriented company. The aim of the incubator is to support individuals wanting to start a business and existing companies (not registered for more than three years) by providing the necessary environment for business start-up and development, consultations, training and activities on general business issues, mentor support, and grant co-financing.

DEVELOPMENT: You’ve already started a business and are looking for development opportunities?

In addition to the opportunities provided by the pre-incubation program, incubation offers the possibility of receiving 50% co-financing for the purchase of services required for the development of your business, for example, accounting, premises lease, design, marketing, technology consultations, prototype development, certification, laboratory costs, etc. LIAA provides aid for the purchase of these services.

Read the full article at Labs of Latvia.