Experiences
LONGSAL: incubation support most beneficial for already operational companies
Cooperation with the Investment and Development Agency of Latvia (LIAA) has played a significant role in the company’s development. LONGSAL has utilised several support instruments, including participation in a business incubation programme at the LIAA office in Madona, through which it received support for administrative services, employee salaries, and development projects.
JK Timber: state support gives you a free hand for development
JK Timber is a company based in Latgale specialising in the design, manufacture, delivery, and installation of roof trusses, while also developing solutions for wall framing and other wooden structures. The company’s main clients are private home builders, though it also works with corporate clients.
Design Tree using state support for its own operations and supporting other companies with its solutions
Design Tree is a Latvian mechanical engineering company that develops custom manufacturing equipment and automation solutions for companies with specific needs.
Lastrada: digitalisation support allows for more efficient workflow
In recent years, the company has experienced rapid growth, significantly increasing its turnover and developing its technical capacity.
Bitlake Technologies: LIAA goes in-depth into companies’ needs rather than simply going through the motions
Bitlake Technologies, a deep-tech company founded in Latvia, operates in a high-value-added niche, developing software solutions for specialised microchips used in image processing for camera systems, including in the space industry.