During the Oslo Innovation week, which took place from 26th till 29th September 2022, Latvia was represented by 10 companies, as well as representatives from the Investment and Development Agency of Latvia (LIAA). The aim of the participation was to improve cooperation between Latvia and Norway, in such areas as green innovations, welfare technologies and information and communication technologies (ICT).
“I’ve been glad to see how Oslo Innovation Week throughout the years has evolved to a fantastic meeting arena for startups and corporates, private and public companies, as well as investors, local and global companies. Oslo Innovation Week gather over 25,000 attendees this year. Our focus together with our partners Innovation Norway has been to strengthen the cooperation between innovative Latvian and Norwegian companies. I was happy to open doors for Latvian startups that attended OIW and introduce them with Norwegian investors in my network.” stresses Head of the Representative Office in Norway, Evita Nedzvecka
Every year, Oslo Innovation Week attracts more than 30 thousand participants from all over the world. Oslo Innovation Week is an arena for facilitating actions and though-provoking ideas for bold and new innovations. It is a cooperation platform where it is possible to meet and gain experience from leading industry entrepreneurs, investors and other specialists related to the field of business. Oslo Innovation Week is a great initiative for businesses to interact and meet businesses, startups, scaleup professionals, researchers, investors, and other stakeholders.
This year, the Oslo Innovation week consisted of 76 different events, which were organized by more than 150 event partners, and more than 300 speakers took part in these events. One of the biggest events of the Oslo Innovation week is “Oslo Innovation Week 100 Pitches”. This is a platform connecting impactful early-stage startups with investors. For this year’s event 270 businesses from 34 different countries applied for this event.
10 Latvian businesses also participated in the Oslo Innovation week – SIA “BeTRITON”, SIA “Hyper”, SIA “Stapes”, SIA “SUBmerge Baltic”, SIA “KO TU ELPO”, SIA “Adventum Tech”, SIA “AWAE”, SIA “PILOT Automotive Labs Europe”, SIA “MIHAĻ GROUP”, and SIA “Httpool Latvia”. Latvian businesses participated in seminars, masterclasses and networking events, where they gained useful knowledge and new contacts.
LIAA, as the programme operator of the Norwegian financial instrument program “Business Development, Innovation and SME’s”, in cooperation with the donorstate programme partner “Innovation Norway”, organized a networking event on September 27. More than 150 entrepreneurs, research institutes and investors from Norway, Latvia, Bulgaria, Croatia, Greece, Romania, and Poland gathered at this event. At the event, three Latvian companies – SIA “BeTRITON”, SIA “Stapes” and SIA “KO TU ELPO” gave their pitches about their solutions to potential cooperation partners and investors. All Latvian participants had the opportunity to participate in matchmaking session, to meet new business contacts.
On September 28, the Latvian delegation visited the Embassy of Latvia in Norway. During this visit, Latvian companies had the opportunity to get acquainted with the Latvian ambassador to Norway, Mārtiņš Klīve. The companies had the opportunity to present their company, as well as to discuss the possibilities of how the embassy can help entrepreneurs start operations in the Norwegian and Scandinavian market.
On 29th September, representatives of the Latvian delegation attended “DNB NXT” summit. This summit is Norway’s leading arena for innovation growth and investment and a platform to network for investors, entrepreneurs and corporates – where the purpose is to share knowledge, be inspired, get investments and meet potential partners.
In the picture on the right: representative from SIA “BeTRITON” presenting their solution
In the picture on the left: representative from SIA “KO TU ELPO” representing their invention.
In the picture on the right: preparation for one of the event during the Oslo Innovation week.
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