Latvia gains EIB expertise to scale technology companies
High-growth companies in Latvia receive targeted guidance and investment support through EIB partnerships with authorities.
The European Investment Bank (EIB) will guide Latvia on promoting technological innovation and scaling high-growth companies.
Cooperation with the Ministry of Economics and the Investment and Development Agency of Latvia (LIAA) aims to strengthen national policies, financing tools, and support mechanisms.
EIB experts will assess existing support for businesses, research, and emerging technologies, while exploring regional alignment with Estonia and Lithuania to foster Baltic-wide initiatives.
The advisory programme includes capacity-building for public authorities and universities, ensuring practical, market-aligned solutions. Riga Technical University’s development plan will be evaluated to link investments with national innovation objectives.
Recommendations will provide a strategic roadmap to amplify the innovation ecosystem of Latvia and attract international investment.
The initiative falls under the InvestEU programme, using data-driven insights to bridge early-stage financing gaps, support scale-ups, and enhance high-growth sectors.
Latvia’s goal is to expand its tech ecosystem, increase competitiveness, and integrate with Europe’s dynamic innovation networks.
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