Latgale entrepreneurs have the opportunity to receive a grant for the development and growth of their business - EEZ un Norvēģijas finanšu instrumenti
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Local Development and Culture

Latgale entrepreneurs have the opportunity to receive a grant for the development and growth of their business

Today, on June 17, the grant scheme call “Support for the Implementation of Business Ideas in Latgale” of the EEA grant program “Local Development, Poverty Reduction and Cultural Cooperation” was announced.

With the support of EEA grants, Latvia has managed to implement several significant projects over the last 10 years, including investment in reducing social and economic disparities at the regional level, therefore targeted support for business development is also provided in this planning period, paying special attention to the less developed region – Latgale.

The co-financing of the grant scheme is intended for the creation of new products or services, or for the improvement of existing ones to a new level. Entrepreneurs will also have the opportunity to purchase new equipment to increase their company’s production capacity or significantly change the production process, thus providing themselves with growth opportunities and competitive development. An essential condition for the implementation of the project is the creation of a new job to promote employment in the Latgale region.

Any individual and legal person – a small or micro-enterprise, can apply for support, that carries out its economic activity in the Latgale region, and the implementation of projects shall not exceed 30 April 2024.

The institution responsible for organizing the grant scheme call is the grant scheme operator – Latgale Planning Region.

“The grant scheme is a good continuation of the work done in the previous grant period and we are pleased that we have been entrusted with the implementation of the grant scheme in this programming period, thus continuing the successive steps in expanding business support.”
/I.Malina-Tabune, Latgale planning region
Head of Administration /

The conditions of the call and the documents to be submitted can be found here

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