Programme for promotion of international competitiveness
The measure aims to facilitate the promotion of the competitiveness of the sectors, by supporting entrepreneurship and entry into foreign markets, providing operation of the Latvian foreign economic representations and developing international competitiveness of Latvia as tourist destination in priority sectors of tourism (business and events tourism, wellness tourism). Programme implementation timeframe: 2016-2023.
The programme supports participation in international fairs with a stand, participation in national stands organized by the Investment and Development Agency of Latvia (LIAA), business conferences and seminars abroad, consultations by LIAA, trade missions abroad, participation in foreign high-level visits of officials, production facilities and product conformity assessment. The available financing for one enterprise is up to EUR 200K with the intensity of 80%. Creative businesses are eligible.
In total it is planned to support 1480 businesses until 31 December 2023.
Total amount of financing is EUR 60 944 588, including ERAF financing – EUR 51 802 900, State budget financing – EUR 4 024 041 and private, municipal and planning regions financing EUR 5 117 647.