Latvia’s Entrepreneurship World Cup entrant Birgermind is developing a brain-computer interface for users with paralysis of motor functions

On April 3, the Latvian national finals of the Entrepreneurship World Cup (EWC) took place, where five Latvian start-ups competed for the opportunity to get into the global finals in Riyadh, Saudi Arabia, to battle for a total prize pool of USD 1 million. According to the judging panel’s assessment, the winner in Latvia is …

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Igauņu uzņēmums “Fibenols” investēs līdz 700 miljoniem eiro, lai attīstītu biorafinēšanas ražotni Latvijā

15. martā tika parakstīts Saprašanās memorands starp Igaunijas uzņēmumu Fibenol OÜ un Ekonomikas, Finanšu, Zemkopības, Klimata un Enerģētikas ministrijām un Latvijas Investīciju un attīstības aģentūru (LIAA) par projekta īstenošanu ar kopējo investīciju apjomu no 600 līdz 700 miljoni eiro. “Nākot no Igaunijas, mēs apzināmies, ka valstis, kas bagātas ar koksnes resursiem, pilnībā neizmanto šī resursa potenciālu. Tas …

Igauņu uzņēmums “Fibenols” investēs līdz 700 miljoniem eiro, lai attīstītu biorafinēšanas ražotni Latvijā Read More »

Riga recognized as most dynamically developing city in Central Europe in the sector of business service centres

Riga has received the highest recognition in the “Dynamically Developing City in Central and Eastern European Region of the Year” award. In the awards ceremony of the prestigious competition CEE Business Service Awards 2024 held at the Polish capital Warsaw, Riga received five awards. The Riga-based business satellite center of biotechnology company Roche (Roche Services …

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Five Latvian companies to compete in the Entrepreneurship World Cup national finals

With the deadline for applications for the Entrepreneurship World Cup (EWC) now closed, the jury has shortlisted the five most promising companies for the Latvian national finals where the entrepreneurs will present their business ideas to the jury members. The winner of the Latvian national finals will then compete for the chance to be among …

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Latvia and Estonia lead the way in Baltic economic integration

Latvia and Estonia are driving Baltic economic integration, with Latvia experiencing a 30% surge in foreign investment since 2022. Key sectors include smart energy, bioeconomics, and ICT. Estonia leads in digital innovation with its e-residency program, contributing to regional development. Click here for full article.

Fokker Next Gen Plans to Launch Hydrogen-Powered Passenger Aircraft Production in Latvia

By signing a Memorandum of Cooperation with the Ministry of Economics, the Dutch company Fokker Next Gen is planning to develop a hydrogen aircraft project in Latvia, making a significant contribution to the development of the green energy cluster on the Kurzeme coast. Minister of Economics Viktors Valainis: “The implementation of the project will undoubtedly significantly …

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Aerones named Riga Startup of the Year

Aerones was named Riga Startup of the Year at the third Riga Business Award ceremony. Cellbox Labs, SAF Tehnika, Accenture, SEB Global Services and Bonava Latvija have also each been awarded in their own respective category. “These six companies serve as role models and inspiration for the people of Riga. Their ambition, skills and products make an important contribution to the …

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Online Event: Mini Spotlight December 6

The Investment and Development Agency of Latvia (LIAA), in partnership with the Latvian American Chamber of Commerce (LACC), the Latvian Exporters Association “The Red Jackets” and the American Latvian Association (ALA), is excited to invite you to the fourth edition of the “Mini Spotlight” webinar. What the American Latvian Association is doing to build economic …

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