Latvia: LIAA to provide EUR 73mn of support to innovative SMEs

The Investment and Development Agency of Latvia (LIAA) will provide EUR 73.38mn of support from EU structural funds for small and medium-sized enterprises, LSM reports. LIAA expects the programme to support a total of 1,500 innovative businesses. The Ministry of Economy said that the support programme would help businesses developing high-value-added products in the medium-high and high-tech sectors. The funds will support innovation motivation activities, business incubation support, and export promotion.

%d bloggers like this: