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 the top 100 companies from around the globe having a ticket to the global finals in Riyadh, Saudi Arabia and the prize pool of 1 million US dollars, as well as additional investment opportunities and support for global growth.

Five Latvian companies that will compete in the Latvian national finals

Spirulina Nord – the only company in Northern Europe that grows the highest quality spirulina in northern climate and creates unique products from it. The company is based on a unique technology developed by two Latvian scientists for the cultivation of these tropical microalgae.

BirgerMind – the company was created with the ambition to help patients with amyotrophic lateral sclerosis (ALS) and motor neurone disease (MND) regain the ability to communicate independently by using a flexible headband with built-in sensors to read brain activity.

PurOceans – the company offers a solution for the gentle removal of oil sludge, microplastics, chemicals and other contaminants from the bottom of seas, rivers and lakes.

Medon – a digital clinic providing access to European doctors around the world, offering remote online consultations with doctors and specialists.

PrintyMed – manufacturers of the unique biomaterial artificial spider silk for medical applications, including the development of artificial organ production technology from artificial spider silk and licensing to medical technology companies.

Viewer’s favourite vote

From 4 March, everyone is welcome to vote for the most successful business idea on blog.swedbank.lv which will determine the viewer’s favourite receiving a special viewer’s favourite award in the finals. The national finals are scheduled to take place on 3 April, at 14:00 and will be streamed to Swedbank Latvia Facebook channel.

The winner of the Latvian national finals will compete to be among the top 100 companies and to reach the global finals in Riyadh, Saudi Arabia at the end of this year.