Other programs

Training opportunities for entrepreneurs to improve their digital skills

Several projects are being implemented in Latvia, which aim to improve the digital skills of company employees, promoting digitalization, automation and innovation in various sectors. These projects are financed from the European Union Recovery Fund and other sources, offering training with co-financing or even completely free of charge.

Who can apply

Business managers and employees

Support

• Many projects offer co-financing or completely free training.
• Training can take place both in person and online.
• After completing the training, it is possible to receive a certificate.

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Program description

LEADER CLLD (Community-led Local Development) is a European Union support initiative program designed to promote rural development, particularly by encouraging local residents to participate in decision-making about the future of their communities. The measure is implemented through local action groups (LAGs), which organize calls for project proposals and carry out an initial assessment of project ideas in accordance with the Strategy.

The measure is administered by the Rural Support Service.

Who can apply

Legal or natural persons who are starting or carrying out economic activities;

Turnover of no more than EUR 350,000 in the year preceding the submission of the project

Type of support

- Creation/development of products and services;  

- Improvement of the production and sales environment (markets, platforms, e-shops);  

- Building recognition;  

- Creation of quality working conditions.  

Support

-  Support intensity: 40% (up to 75%)  

-  Max. eligible costs: EUR 200,000  

Availability 

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Program description

The program is still under development! Altum support with a capital discount for the creation of new biomethane production facilities and the construction of biomethane transmission connections or the purchase of a biomethane transportation kit.

Who can apply

Commercial entities

Type of support

Loan

Support

The maximum amount is EUR 4,200,000.

Availability 

As all funding for biomethane production equipment and infrastructure has already been fully allocated, ALTUM is no longer accepting new applications for this investment type

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Program description

The program is still under development! Altum support with capital discounts for investments in energy efficiency and renewable energy resources (AER) in centralized heat and cold supply.

Who can apply

Commercial entities

Type of support

Loan, capital discount

Support

The maximum capital discount under the program is EUR 9,000,000 per group of related companies.

Availability

As all funding for both high‑readiness and low‑readiness projects has already been reserved based on applications submitted during the program’s first two months, the acceptance of new applications is now suspended.

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Program description

Altum offers loans to micro, small, and medium-sized businesses that are involved in the primary production and processing of agricultural products, fishing, and aquaculture, as well as the initial processing of these products. Loans can also be applied for by natural persons (e.g., self-employed persons, sole traders), farms, associations, foundations, cooperatives, etc., which have registered their economic activity with the State Revenue Service or the Register of Enterprises.

Who can apply

Farmers

Type of support

Loan

Support

Working capital up to EUR 1,000,000 (up to EUR 2,850,000 for cooperatives), investments up to EUR 5,000,000, land up to EUR 1,000,000

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Program description

Altum offers guarantees to farmers. The guarantee can be used to secure investment loans, working capital loans, financial leasing, factoring, etc. Supported by the Ministry of Agriculture and the Rural Support Service.

Who can apply

Farmers

Type of support

Guarantee

Support

Up to EUR 1,500,000, for cooperatives – EUR 3,500,000.

Availability

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