The donor programme partner of the Norway Grants programme “Business development”, visited Riga - EEZ un Norvēģijas finanšu instrumenti
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Business Development

The donor programme partner of the Norway Grants programme “Business development”, visited Riga

Last week, from 27th till 29th April, the donor programme partner “Innovation Norway” of the Norway Grants programme “Business development”, visited Riga, Latvia. The Investment and Development Agency of Latvia (LIAA), as the programme operator of this programme, organized Cooperation Committee meeting, at which the progress and the achieved results of the programme were discussed, as well as the measures to promote bilateral cooperation for the next period were discussed. Within the framework of the programme, 42 contract for the implementation of the projects have been signed, of which 39 projects are implemented in cooperation with the Norwegian project partners.

On 28th April, the programme operator, together with representatives of the donor programme partner, and a representative of the Ministry of Finance, visited the Ogre Central Library to see a public building of unprecedented scale in Latvia, which is called a zero-energy building. A spokesperson of SIA “S Plus”, which receives Norway Grants support for the development of a new products, also took part in the visit. A spokesperson spoke more about new and green technologies in the library. The two-storey building has a unique heating system with a sewage heat exchanger.

Later, the excursion continued to the production facilities of JSC “MADARA Cosmetics”. During this visit, the representatives from the company showed the production plant, as well talked more about the project, which is being implemented in cooperation with the Norwegian partner – SINTEF AS within the framework of the program “Business and Innovation”.

In the second half of the day, LIAA organized a networking event “Cooperation and Investment Opportunities between Latvia and Norway”. The event was attended by representatives from Norway, Latvian companies receiving Norwegian grant funding, as well as other participants in the innovation ecosystem – Buildit Accelerator, ZGI Capital Investment Fund and the CleanTech Latvia Cluster. The event was a great opportunity to meet investors from Norway and Latvia, as well as to make new contacts between Latvia and Norway.

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