Experiences
RedFrog’s experience: how the LIAA innovation voucher helped transform an idea into a product
Latvian start-up RedFrog utilised the innovation voucher programme, which helped create the product’s first version.
WATERIGA Technologies: innovation voucher was the right tool at the right time
WATERIGA Technologies is a Latvian company that, in close cooperation with its partner company WATERIGA and U.S. manufacturer Industrial Test Systems, ensures the availability of water testing products on the European market. WATERIGA offers a variety of water quality testing solutions used in swimming pools, aquariums, food production, and industrial water monitoring.
TENAX PANEL: innovation voucher helped prepare for market developments
The company has grown steadily in recent years, reaching a turnover of EUR 33.5 million in 2025, of which 25.3 million came from exports. Alongside expanding production, the company is also consistently investing in product development and material improvement.
From cryptocurrencies to modular homes: with LIAA support Power Mining developing operations in unexpected direction
The company is currently taking a step in a completely different direction: it is developing a prototype for a top-premium segment mirrored glass modular home for export; the industrial design was created with the support of an innovation voucher from the Investment and Development Agency of Latvia (LIAA).
THEO Growth: state support during product development helped maintain the team
Latvian company THEO Growth is developing an artificial intelligence solution that helps companies assess their competitors and define their brand positioning.